Training Accounts Payable From Accounting to Management
Introduction
This Accounts Payable training seminar provides businesses and other organizations with a strong sense of where they stand against industry leaders and shows them how to take their services and organizational processes to state-of-the-art levels.
The organisation of the accounts payable function and the management of the accounts payable role are of vital importance to the effective control of working capital and therefore cash flow. Documented strategies and tactics employed by highly admired companies are presented both successful and unsuccessful to illustrate the real-world functionality of each process and approach.
By attending this training seminar, delegates will understand:
- The importance of the accounts payable function and the need for effective and efficient controls
- The role of Accounts Payable Management in the control of the Working Capital of an organisation
- How to create effective Accounts Payable Dashboards to track and present department KPI’s
- How to motivate and engage Accounts Payable Staff
- The importance of reviewing international “best practices” to continual improve Accounts Payable operating performance
Objectives
- Identify the function of accounts payable and its role in organizations
- Use accounting principles related to accounts payable
- Describe how to take a successful lead in the management of accounts payable
- Assess AP operations and processes and recommend improvements using the latest best practices
- Apply tools and techniques in Microsoft Excel to effectively manage and monitor accounts payable performance
Training Methodology
This Accounts Payable training seminar will provide the theoretical background and techniques that underpin the organisation and management of accounts payable and its related functions. It will provide a real world practical context by incorporating worked examples and case studies that delegates will see how theory applies in practice and can discuss the various issues raised.
Organisational Impact
The organisation will gain through the development and application of capabilities and skills in key area of Accounts Payable management; specific benefits will include:
- Improved awareness of key business performance measures
- Greater insights from global best practice
- Better integration of wider financial process, for example purchase order management and supplier payments
- Raised levels of professionalism in the Accounts Payable team
- Improved human talent pool for internal succession planning
- More effective AP processing and the potential to reduce operating costs and time in a key area for financial transaction processing
Personal Impact
As a delegate you will:
- Have a clear understanding of how to manage Accounts Payable
- Be pro-active in seeking and finding approaches to improve process and efficiency within Accounts Payable
- Communicate the importance of improving Accounts Payable process and its role in improving working capital management to colleagues
- Learn the latest developments in best practice in Accounts Payable
Who Should Attend?
- Finance Executives
- Accountants
- Accounts Payable Managers
- Accounts Payable Supervisors
- Accounts Payable Staff
- Others who are working within accounts payable process or who wish to develop a practical toolkit to complement their existing professional or technical skills
Seminar Outline
The Big Picture: Accounts Payable and the Financial Health of Organizations
- The Important Role of Accounts Payable (AP)
- The Meaning of Managing Accounts Payable
- The Functions of Management
- The Functions of Accounts Payable Department and Role of AP Staff
- Accounts Payable Impact on Working Capital and Cash Management
Accounting for Accounts Payable
- Accounting Essentials for Accounts Payable
- Accounts Payable Terminology
- General Ledger and Sub-Ledger
- Month End Accounting Entries and Accruals
- Control Account Reconciliations
- Developing a Reconciliation Plan for the Sub-Ledger
Key Topics in Accounts Payable Management
- Applying Best Practices in your Organization
- Identifying Proper Internal Controls
- The Annual Audit as an Added Value
- Impact of AP Outsourcing
- Detecting Fraud in Accounts Payable
The Behavioural Side of Managing Accounts Payable Department
- Improving the Image of Accounts Payable Department
- Ways to Motivate Accounts Payable Staff
- Organizing the AP Department
- Closing the Communication Gap
- Dealing with Internal and External Disputes
- Providing Customer Service to Vendors
Using Excel in Managing Accounts Payable
- Interface between Accounts Payable System and Excel
- Using Pivot Tables to Extract Valuable Information
- Preparing and Analyzing Accounts Payable Aging
- Developing Your Accounts Payable Dashboard
Permintaan Brosur penawaran Training ( Harga, Waktu dan Tempat) silahkan Menghubungi kami.
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Catatan :
Pelatihan ini dapat di-customized sesuai kebutuhan perusahaan Anda bila diselenggarakan dalam bentuk In-House Training. Untuk permintaan In-House Training dengan jenis topik lainya, silahkan mengirimkan ke alamat email yang tercantum di web kami.
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Request Training. Jika anda membutuhkan informasi pelatihan yang belum tercantum pada website ini, atau anda ingin memberikan usulan materi yang sesuai dengan tingkat kebutuhan perusahaan anda, silahkan mengirimkan ke alamat emailyang tercantum.
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Bila tidak ada tanggal dan waktu atau yang tercantum sudah kadaluarsa didalam artikel mohon tanyakan kepada kami untuk jadwal terbarunya.
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Peserta bisa mengajukan Tanggal Pelatihan / Training selain yang tertera pada silabus penawaran.
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Venue : di Yogyakarta, Jakarta, Bandung, Bogor, Cirebon, Solo, Semarang, Surabaya, Malang, Bali, Lombok, Samarinda, Balikpapan, Banjarmasin, Pontianak, Makassar, Medan, Palembang, Lampung, Timor Leste, Thailand, Singapore and Kuala Lumpur. (dengan harga dan minimal kuota yang berbeda)
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