Our Accounts Payable Course will help you to process your supplier invoices accurately and more effectively. Course content Introduction to AP: An overview of your role in the Finance department Month end, year end, management accounts and what the auditors do Checks and controls: matching invoices to purchase orders, authorising, coding and posting invoices, Processing expense claims and credit card statements Capital and revenue expenditure Introduction to VAT, non-deductible items, pro-forma invoices, VAT payment schedules, settlement discounts Reviewing the Aged Creditors Analysis, identifying and correcting posting errors, Supplier statement reconciliations.
This is a standalone course separate from the full level qualification. Learners will only study 2 modules: Basic Bookkeeping Part 1 and Basic Bookkeeping Part 2.
" At the end of the course candidates should be able to do the following at level 1: Documentation: Complete and check the following documentation: invoices; statements; credit notes; cheques; cash requisition vouchers. Check invoices and credit notes calculating: (sales) tax; trade discount; settlement (cash) discount; prices and price extension.
Learn how to understand debits and credits. By the end of this course you will understand the principles of double-entry book keeping and be able to post journals with confidence.
" At the end of the course candidates should be able to to do the following at Level 2: Ledger Accounting: Post ledger transactions, total and balance accounts, bringing down balances: sales ledger; purchase ledger; general ledger. Control Accounts: Prepare and reconcile control accounts with individual ledger account balances in subsidiary ledgers for: sales ledger control account; purchase ledger control account.