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

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