
Master the end-to-end accounts payable and procurement to payment process, from purchase requisition to payment, including purchase orders and goods receipts. Understand supplier invoices, double-entry records, and vendor payments.
Understand typical accounts payable responsibilities—from invoicing and payments to journal entries and closing of accounts—along with required skills like Excel, communication, and bilingual abilities.
Learn the accounts payable workflow from requisition to payment, including creating purchase orders, recording goods receipts and invoices, posting debits and credits, and maintaining the vendor report.
Explore the end-to-end accounts receivable (order to cash) process, the opposite of procurement to payment, including sales order, delivery note, revenue recognition, invoicing, receivables, and customer payments.
Examine typical accounts receivable and OTC roles, including invoicing, billing timelines, collections, payment processing, refunds, credit notes, and closing with journal entries and reconciliations.
Walks through accounts receivable processes from sales orders to invoicing, including delivery notes, accrued revenue, and double-entry journal entries, leading to receivables and customer reports.
Understand how accounts payable and accounts receivable drive cash flow, liquidity, and financial health through P2P and OTC processes, invoicing, credit policies, and collection strategies.
About this course
This is a beginner course for accounting / non accounting students to understand the AP / AR process.
This course aims to equip students with the following:
1) Understand the end to end process of Accounts Payable / Procurement to Payment
2) Understand the job requirements of an Accounts Payable / PTP role
3) How to do the the job of an Accounts Payable / Procurement to Payment role
4) Help students to be confident in applying for Accounts Payable role on Jobs Portal
5) Understand the end to end process of Accounts Receivable / Order to Cash
6) Understand the job requirements of an Accounts Receivable / OTC role
7) How to do the the job of an Accounts Receivable / OTC role
8) Help students to be confident in applying for Accounts Receivable role on Jobs Portal
Course Highlights
1) Excel examples to go illustrate the Accounts Payable / Procurement to Payment process
2) Excel examples to go illustrate the Accounts Receivable / Order to Cash process
Course Materials
Excel file with illustrations
Course Curriculum
1) What is Accounts Payable / Procurement to Payment?
2) Process of Accounts Payable / Procurement to Payment
3) Illustration in excel
4) Download excel file for hands on
5) Understand the outstanding balances of each vendor
6) What is Accounts Receivable / Order to Cash
7) Process of Accounts Receivable / Order to Cash
8) Illustration in excel
9) Download excel file for hands on
10) Understand the outstanding balances of each customer