Online Class: Accounts Payable Management

Course Lessons

• What Is a Manager?

  Accounts payable are the "veins of a business." Great accounts payable managers of any organization must know the fundamentals and have a solid understanding of how to run their department.

• Handling Invoices

  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: work flow-processing.

• Preventing Errors

  Duplication and missing invoices are common problems 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 long-accepted concepts, but customer service may be a new one. Sure, you have 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 vendors, employees, and checks.

• How Companies Use Technology in Accounts Payable

  The Internet was covered in a previous lesson. In this lesson, we spend some time talking about other uses of technology for the accounts payable department.

• Traditional Functions and the 21st Century

  Reimbursement to employees is a large part of your job; and the larger the company, the larger it will be.

• Using the Internet in Accounts Payable

  In this lesson, we are going to look at the Internet.

• Master Vendor Files

  Master vendor files are one way to help ensure that vendors get paid and errors are avoided. These files will become valuable resources to your department to monitor for fraud and error and 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 for a very good reason: Consultants are in high demand.

• 1099 Income Tax Forms

  This lesson covers 1099 federal tax forms for contractors.

• High-level Accounts Payable Concepts

  There are many high-level accounts payable concepts, and they are always changing. As Generally Acceptable Accounting Practices are continually being refined, you will find that your compliance and upgrading requirements will keep you refreshed in some of