Training Creditors (Accounts Payable) Accounting (BAC02)

Creditors (Accounts Payable) Accounting


Course Outline

Designed to give you exposure to the delivery or GRN process, credit notes and problem solving and how they all affect your daily tasks. This course will build on your basic grasp of procedures and leave you comfortable with advanced features.

Recommended For

Bookkeeper / Creditors Clerk

Duration

½ day

Pre-Requisites

  • Clear comprehension of a Creditor/Supplier and understanding of the procurement process.
  • Computer literacy and keyboard proficiency is assumed.

Curriculum

  • Invoice reconciliation from Purchase Orders
  • Reconciliation parameters allowing changes to invoice value
  • Request for Credit procedures
  • Double deliveries
  • Double Invoicing
  • Remittance procedures
  • Part payments
  • On hold procedures
  • Request for Credit release procedures
  • Electronic Funds Transfers
  • Creditors payment postings to ledger
  • Month End reconciliations and reports