Class Syllabus: Accounts Payable Management
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Friday, May 16, 2008
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Learn Online: Accounts Payable Management

Syllabus: Accounts Payable Management

Office Hours: varies - emails answered with 24 hours
Course Meeting Times: course is self-paced
 

Course Description

This course will serve as a training guide for a new manager of an Accounts Payable department.  It will help you step into your new role and take a commanding and successful lead. The class will take what you know and enhance it by adding management principles to your practices.  Accounts Payable is more than just processing checks, mailing them and filing the back-up paperwork.  To truly manage Accounts Payable, you must understand all parts of the department, including but not limited to;  customer service, vendor management, check requests and POs. 

This course will discuss how to handle invoices; check processing ; preventing errors; annual audits; and technology uses in the department.  Learn all about the best practices to adapt for your A/P department, PLUS get expert advise from a well-seasoned disbursement manager with many years of A/P experience.

Course Requirements

There is no required textbook/software for this course. Students should have a high school reading level in English.

Course Goals

The goal of this course is to understand the essentials of running a premier accounts payable department.

Course Materials

All material is provided in the course. Subjects covered within the course are as followed: Overview to Managing the Accounts Payable Department, Invoice Handling, Checks, Preventing Errors, Customer Service, Internal Controls and the Audit, Master Vendor Files, Discounts and Deductions, Travel and Entertainment, Software, Fraud, Independent Contractors.

Book Recommendations

 There are no required books for this course.  However, to enhance the course material provided, I recommend:
 
1. Essentials of Accounts Payable (Essentials Series) (Paperback) 
Book link to Essentials to Accounts Payable
 
2. Positive Cash Flow: Powerful Tools and Techniques to Collect Your Receivables, Manage Your Payables, and Fuel Your Growth (Paperback)
Book link to Positive Cash Flow

Disclaimer

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