- Areas of Study -

Online Class: Accounts Payable Management- Basic Strategies for Managing Corporate Cash

If you're a new manager or would like to manage an Accounts Payable department, this is the course you'll need.

Enroll today! This is a self-paced, online course. You have 6 months to finish. An instructor will monitor your progress and assess your body of work at course completion. UniversalClass™ offers many wonderful learning tools to help you get the most out of your online course, including an online portfolio service that manages all your course completions. This class has been officially reviewed by our Course Review Committee that scrutinizes course content and instructor participation. This course has received our Committee's highest rating: 4 stars.

If you would like to receive more information regarding this course, scroll down and fill out the "Request More Information" form and we'll try to answer any of your questions within the day.

1.0 CEUs

Course Description

Special Offer!

~~$85.00~~ - $40.00
(only for a limited time)

Attention Students: Special Discount!

Save $45.00 on this class by enrolling right now!

Enter this Promotional Code -- AP -- when you enroll and you will only have to pay $40.00 for the course fee! That's a $45.00 savings. This is a limited time offer only, and will not be available after today, or after the enrollment quota is reached.

This course is a training guide for the new manager of an accounts payable department. It will help you step into your new role and take a commanding and successful lead. This course will take what you know and enhance it by adding management principles to those practices. Accounts payable is not just processing checks, mailing them and then filing the backup paperwork. To truly manage accounts payable, you must understand all parts of the deparment 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.

This course offers 1.0 CEUs upon successful completion. You may take this online course with or without CEU documentation. An online and hard-copy Certificate of Course Completion displaying your coursework and CEUs earned is included with the CEU Option. We also offer an expedited Transcript Service for sending your accomplishments to a third party.

Course Lessons

What is a manager - Accounts Payable is the "vains of a business". Great A/P managers of any organization must know the fundamentals and have a solid understanding of how to run an Accounts Payable department.
Invoice Handling - This lesson and the next one, form the core of a new set of skills that will help you in your new position. These two lessons cover the invoice handling and check process that your department does.
Checks - This lesson is about the core of your department's purpose - workflow processing.
Preventing errors - Duplication and missing invoices are a common problem in accounting departments. In this lesson you will learn some of the ways you can reduce errors.
Customer service, internal controls and the annual audit. - Internal controls and the annual audit are concepts, but customer service may be a new concept. Sure, you've heard of it before, but rarely in relation to your department.
Fraud: Vendor, Employee and Check - This lesson will cover the aspect of fraud in relation to Vendor, Employee and Checks.
How Companies are using Technology in Accounts Payable - Although the Internet itself was covered in a previous lesson, this lesson is going to spend some time talking about other uses of technology for your accounts payable department.
Traditional Functions and the Twentieth Century - Reimbursement to employees is a large part of your job--the larger the company, the larger it will be.
Using the Internet in Accounts Payable - In this lesson we're going to look at the Internet.
Master vendor Files - Master Vendor Files are one way to help ensure that the vendors get paid and errors are avoided. These files will become valuable resources to your department to monitor for fraud and error and to make sure that your vendors are happy.
Problems caused by Discounts and other deductions - Everyone loves discounts. Everyone, it seems, but the accounts payable department! Discounts are great for buyers but if there is an overpayment problem, then your department gets involved and the process can be drawn out and difficult.
Independent consultants - Independent consultants are a real part of the workforce and growing. Many people are taking their expertise and becoming independent consultants and there' s a very good reason: they're in high demand.
1099's - This lesson covers the tax forms 1099s
High-Level Accounts Payable Concepts - There are many high level accounts payable concepts, and they are always changing. As GAAPs are continually being refined, you'll find that your compliance and upgrading requirements will keep you refreshed in some of those areas.

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The class will take what you know and enhance it by adding management principles to your practices. 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.

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 and Independent Contractors.

Certificates Awarded

Certificate of Outstanding Achievement

Certificates awarded by the instructor will vary and are based upon student merit. Any awards you earn are considered unofficial (or temporary) unless you decide to make the award official. To make an award official, there is a $30.00 processing fee that covers the customization, printing, and shipping of a hard copy of the certificate as well as access to the UniversalClass Transcript Service. Official awards include a serial number that verifies the authenticity of the award you earned for a lifetime (great for employers to verify your achievement).

Additional Information about Account Payable Management

Choose from 5 Payment Methods

Credit Card Online
(through our Verisign approved, secured servers)
Credit Card over the Phone

Credit Card through FAX
Check/Money Order through Mail
PayPal

To use any of these methods you must press the "Join Class" button on this screen and go through the online registration process in order to generate the correct order form and correctly process your enrollment.

Promotional Code:
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I have read and accepted the General Disclaimer and Terms of Service.

Document your coursework with a Certificate of Course Completion. Pre-pay now for the Certificate Option and receive a $5.00 discount off the regular certificate price (normally $30.00). Includes both an online version and a hard-copy of your certificate, verified and tracked by a unique serial number.

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