Accounting  |  Format: Flash

Best Practices for Accounts Payable: Invoice Handling

Course Overview
Best practices for the invoice handling function are critical for those organizations concerned about their profitability. Poor practices result in excess cost, duplicate payments, increased processing expenses, fraud, and frayed vendor relationships. This course presents information the professional can use to identify best practice problems. Industry expert Mary S. Schaeffer explains the invoice issues. She then reveals the best practices for a myriad of these problems, as well as identifying almost best practices for those cases where it is not possible to use the best practice and the worst practices which are likely to cause trouble.

Learning Objectives
After completing this course, the course participant should be able to:

  • Identify effective invoice receipt practices
  • Determine effective data entry rules for invoice processors
  • Recognize best practice invoice handling routines
  • Define effective practices when short-paying invoices
  • Identify the process for managing discrepant invoices
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    Catalog Number: 99SCH12-tx
    CPE Credits: 1 Registry / 1 QAS
    Author: Mary S. Schaeffer
    Prerequisites/
    Advanced Preparation:
    None
    Course Level: Overview
    Field of Study: Accounting
    Content Partner: SmartPros Ltd.
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Feb 28, 2018 / Feb 28, 2020

     

     

     

     

     

     

    http://education.smartpros.com/includes/cpe/coursedetail.asp?CPECatalogID=25565&CourseID=18230