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  • Accounts Payable Processing Course
  • Bizfacility Product

    Accounts Payable Processing Course

    £30.00

    Accounts payable is an area of business that offers many employment opportunities across various industries. If you have an interest in finance and managing costs for a business, working in accounts payable may be a good option for you.

    SKU: BFACCP Category: Accounting Tags: account payable course, account payable course online, account payable courses, accounts payable course
    Bizfacility
    Bizfacility
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    Description

    Need to know how to Allocate and Manage Business Expenses? The account payable course is vital to add Value for Efficient Business Workflow? How to streamline Management Reports?

    This Account payable course and its management is a critical business process through which an entity manages its payable obligations effectively.

    The account payable course process or function is immensely important since it involves nearly all of a business’s payments outside of payroll, regardless of size.

    The object of accounts payable is to pay only business expenses, and invoices that are legitimate and accurate.

    It also enables business entities to manage better cash flows i.e. making payments only when due, using the credit facility provided by vendors, etc.

    Additionally, a bookkeeping and accounting system needs good accounts payable internal controls in order to minimize the risk of fraud, error and loss.

    The purpose of accounts payable internal controls is to ensure that valid supplier and vendor invoices are properly recorded and promptly paid by the business.

    During the video the following topics will be discussed:

    • Why is Account Payable important, and how it adds value to your business

    • Key Accounts Payable Controls

    • Processes, systems and procedures

    • Organizational Accounts Payable Policy

    • Year-end reporting requirements

    • Methods of ensuring consistency with your Accounts Payable functions

    • Processing Methods

    • Accounts Payable management reporting tools

    • Data Capture, workflow processes and document control management

    • Electronic invoices, purchase orders and shipping documentation

    • Transactions from initiating purchase order to completing invoice payment

    • Simplifying standard internal procedures

    • Accruals & Provisions – to effectively use methods during close-off periods

    • Streamline management reports and reducing unnecessary information

    • Year-end close-offs & the importance of a check list

    • Reconciling your Accounts Payable accounts

    • How to prevent duplicate payments

    • How to reduce unallocated payments

    • Your filing system – ensuring your information is ready for your auditors

    • Vendor information you are required to have

    • Procurement policies and procedures with overview

    Reviews

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    Only logged in customers who have purchased this product may leave a review.

    Vendor Information

    • Store Name: Bizfacility
    • Vendor: Bizfacility
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    We want you to be satisfied, so all eligible courses purchased on Vogate can be refunded within 14 days. For whatever reason, if you are unhappy with a course, you can request a refund, provided the request meets the guidelines in our refund policy.

    Certain restrictions may apply and some purchases may only be eligible for credit refunds. For more information regarding our refund policy, please see below.

    How to submit a refund request

    If you’re looking for instructions on how to submit a refund request, please visit our support and help section. 

    Our 14-day policy

    While our 14-day refund policy is to allow customers to learn risk free, we must also protect our vendors from fraud and provide them a reasonable payment schedule. Payments are sent to vendor after 30 days, so we will not process refund requests received after 14 days of purchase.

    Additional reasons for denied refunds

    We reserve the right, in our sole discretion, to limit or deny refund requests in cases where we believe there is refund abuse, including but not limited to the following:

    • A significant portion of the course has been consumed or downloaded by a customer before the refund was requested.
    • Multiple refunds have been requested by a customer for the same course or other courses
    • Excessive refunds have been requested by a customer.
    • Users who have their account reported, banned or course access disabled due to a violation of our Terms or Trust & Safety Guidelines. 
    • We do not grant refunds for any subscription services.

    These refund restrictions will be enforced to the extent permitted by applicable law. 

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