Accounts Payable Overview
The JD Edwards World Accounts Payable system accommodates the need for accurate and timely payable that follow your standard procedures as well as those times when proactive cash management calls for overriding the rules. You have the flexibility you need for effective cash management because you, not the system, manage your workflow. At each stage in the workflow, you designate the next step and the system calculates taxes, discounts, and currency conversions according to your specifications.
With the Accounts Payable system, you can streamline the day-to-day functions of your entire accounts payable department and improve communication and reporting among your personnel.
For organizations that have offices around the world, JD Edwards World software provides the flexibility needed to operate in multiple countries, each with unique currency, language, and statutory requirements.
About Our Company:
Accounts payable is money owed by a business to its suppliers shown as a liability on a company’s balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
What are the course objectives?
An Accounts Payable Specialist supports the growth and operation of a business by managing invoices and maintaining important financial documentation. Emphasize your expertise in accounting and customer service skills in yourobjective statement to illustrate value to prospective employers.
Accounts Payable Course Duration?
What is the process of accounts payable?
Accounts Payable (AP) is responsible for processing all invoice and non-payroll payments. There are 5 distinct payment categories. • Vendor Invoices: These are typically payments for supplies, equipment, service agreements, and other purchases made to vendors. Invoices are paid against a Buzz Mart PO.
Our Training Features:
Hands on Training
Accounts Payable Course Syllabus
Basic Accounting Course
This introductory course examines the theories of financial accounting, including the preparation of financial statements and the accounting cycle. Students discuss the use of internal controls, the preparation of financial statements and the filing of financial reports. Other topics covered include cost control, budgets and external reports.
Functions of Accounts Payable Course
This course reviews the role that accounts payable plays in a business. Students track the progress of a purchase order from receipt of invoice to final payment. Topics include internal controls, fund disbursements, statement reconciliation and tax document preparation. Successful completion of this course allows students to be eligible for the Accounts Payable-Entry Level National Certification Examination.
Advanced Accounts Payable Course
This advanced course teaches students how to prepare for audits and how to detect and prevent fraud. Students learn how to organize and file records for long-term storage. The proper destruction of sensitive records is discussed. Other topics discussed include petty cash, data security and software issues, disbursement methods and international payments.
Students focus on accounts payable, billing and accounts receivable. They learn how to process bills and receipts, enter and adjust worksheet entries, establish cash control systems and make purchases and cash payments. This course uses accounting software programs to produce financial reports, track invoices and payments, chart accounts, monitor inventory and prepare banking transactions.
Payroll Operation Course
This course looks at the process of a payroll cycle of a small business. Students in this class discuss the laws, regulations and accounting principles governing payroll disbursements, tax filings and other information. The impact fringe benefits have on processing payroll is examined.
Cost Accounting Course
Participants in this class review the concepts of analyzing costs as part of running a business. Topics include budgeting, cost behavior, planning and control and labor. Students learn the techniques and tools used in cost analysis, including computer software programs.
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Our Student Reviews
This course will be providing me good knowledge about the accounting concepts. Also it will be giving be exposure to the practical as well as theoretical aspect of accounting as a whole.
The course is providing me a good knowledge & helping me know the practical aspect as well. I am also getting to know new software in accounting domain that has being commonly used in most of the MNCs as well. This would be very helpful for my career in accounting domain.
This course will be giving me all the required knowledge in accounts domain and will be helping me to make my career in the accounting profile.