Accounts Payable Intermediate
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Accounts Payable Intermediate 

Cost:
£325 +VAT

Duration:
1 day

Course objective:
To equip you with essential skills to lead your Accounts Payable team, maximise your time
and add value to budgeting, cost control and cash flow.

Accounts Payable (Intermediate)
“If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem” J Paul Getty

Course overview
Accounts Payable (A/P) is a core operation of any accounting system. Whilst it involves paying invoices, there is actually a lot more to it than that. An efficient and accurate AP system will save you time, money and resources. By gaining an in-depth understanding of how to manage your purchase ledger effectively, you will be better placed to minimise the overhead costs of your AP team and add value to the Finance department.

Course objective
To equip you with essential skills to lead your Accounts Payable team, maximise your time and add value to budgeting, cost control and cash flow.

Course content 
- Understanding what your AP team can do to add value to the Finance department 
- Understanding the role of the auditors and what you can do to prepare for their visit 
- Internal checks and controls: error and fraud prevention and detection 
- Setting up new supplier accounts and improving your credit rating 
- Introduction to VAT on overseas purchases 
- Spotting errors and mistakes promptly and avoiding duplicate payments 
- Performing supplier statement reconciliations 
- Using the Aged Creditors listing to maximise cash flow 
- Monitoring costs, reclaiming credit notes, rebates and overpayments 
- Managing budgets and maximising supplier discounts 
- Month end and year end procedures, journals, prepayments and accruals

Who will benefit?
The Accounts Payable Intermediate Course is recommended for Accounts Payable (Purchase Ledger) team leaders with a minimum of one years’ experience, new Purchase Ledger Supervisors and new Accounts Assistants.

The Accounts Payable course is also available as an in-house course and can be tailored to
meet any specific requirements that you may have. Call 020 8332 7567 for further information.

“It was made interesting and clearly put across to the group”
Payments Manager, Norland Managed Services

 
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Key Details
Duration1 day
 
£325
per delegate
 
 
Bookings Helpline: 01933 233884 (Monday to Thursday - 8:00am to 5:30pm and Friday 8:00am to 5:00pm).