ACCOUNT PAYABLES TRAINING

ACCOUNT PAYABLES TRAINING COURSE: 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.

ACCOUNT PAYABLES TRAINING COURSE OVERVIEW

ACCOUNT PAYABLES TRAINING COURSE: 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 filing the backup paperwork. 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.Read More

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 will give you everything you need to know about being a successful Accounts Payable manager. Some of the information might be familiar, to you but there is a very good chance that you’ll come across some invaluable new material. If you are a new Accounts Payable manager or are about to become one, you might find yourself filled with reservations but after taking this course, you’ll discover that the entire process was not nearly as frightening as you might have thought.

You’ll learn what it is that a manager does and how to best operate an Accounts Payable department and you’ll find ways to help motivate the people you manage into being the best possible performers.

ACCOUNT PAYABLES TRAINING COURSE

LEARNING OUTCOME

This course will also discuss the following areas:

– What is a manager: You’ll learn what a manager is, what a manager does, and the importance of always being on top of what is happening within your department. You will also learn the key to managing your Accounts Payable department and how to best become a valuable asset to your company.

– Invoice handling: The student will understand the process of tracking invoices from arriving in the department until the final check is cut. Students will also be walked through a step-by-step process to bring order to what might be a chaotic system.

– Checks: The lesson will address the core of the Accounts Payable department and help the student understand areas that might need to be examined and worked on.

– Preventing errors: Students will discover that duplication and missing invoices are among the most common problems in the Accounts Payable department and will be given real-world solutions that they can apply to reduce errors.

– Customer service, internal controls and the annual audit: Students will understand how the aspects of customer service apply to their department and will examine the concepts of internal controls and the annual audit.

– Fraud: Vendor, Employee, and Check: This section of the course will instruct the student on the importance of overseeing things to ensure there is no fraud taking place, either due to a vendor or employee check mismanagement.

– How companies are using technology in Accounts Payable: The student will learn more about using the information in the Accounts Payable department and address software solutions that can make their department run more smoothly.

– The importance of Master Vendor Files: Students will see how Master Vendor Files are an essential way to help ensure that vendors are paid promptly and errors are avoided. In addition, the files are invaluable tools for monitoring fraud and error.

By the end of this course, the student will have a thorough knowledge of what it takes to manage a successful Accounts Payable department and how to implement changes needed to make it operate more efficiently.

JK Michaels institute also offers other products and courses, including ACCOUNT PAYABLE TRAINING COURSE, ITIL FOUNDATION, SCALED SCRUM MASTER CERTIFIED, Project Management Steps, and TERMS AND CONDITION OF TRAINING SERVICES.

ACCOUNT PAYABLES TRAINING Key Features

Benefits

KEY FEATURES

PERSONAL IMPACT

A clear understanding of the approach to making Presentations purposeful and effective
Increased self-awareness of one’s ability to communicate in front of a large audience
Ability to identify one’s area of opportunity to recognise and correct common errors in speech
The techniques to work on building self-confidence
Overall improvement in an individual’s self-esteem and performance

ORGANIZATIONAL IMPACT

As employees become effective speakers, their performance will reflect positively for your business. They will become positive ambassadors for your brand.
Rise in their earning potential on behalf of your organization
Greater credibility for the individual and your organization
Increased demand for business with your organization in the market
Improved individual performance and sense of esteem for the organization

Course Outlines

Introduction to Accounts Payable

Before using Accounts Payable

o Overview of AP

o Processing AP batches

o Processing invoices, credit notes, and debit notes

o Processing adjustments

o Processing payments

o Using the payment entry form

o Using the create payment batch form

o Printing checks from accounts payable

o Posting payments

o Importing payment batches

o One-time vendors

o Accounting for retainage

o Reconciling bank statements

o Processing multi-currency transactions

o Revaluing multi-currency transactions

o Reporting accounts payable data

o Periodic processing

o Using AP with other Sage 300 ERP Applications

Maintaining records

o Icons for maintaining vendor records and setup information

o Adding, editing and deleting vendor groups

o Adding, editing and deleting vendors

o Adding, editing and deleting remit-to locations

o Adding, editing and deleting recurring payable records

o Adding, editing and deleting vendor information

o Changing accounts payable options

o Adding, editing and deleting account sets

o Adding, editing and deleting distribution codes

o Adding, editing and deleting distribution sets

o Using the payment entry form

o Using the control payments form

o Printing checks and posting payment batches

o Viewing payment information

o Using the adjustment entry form

o Listing payment and adjustment batches

o Posting adjustment batches

o Printing/posting journals

o Checking batch status

o Importing and exporting payment and adjustment batches

Periodic processing o Icons used in periodic processing

o Creating a recurring payable batch

o Clearing history and statistics

o Creating general ledger batches

o Creating retainage batches

o Filing 1099 forms electronically

o Deleting inactive records

o Revaluing vendor transactions

o Year-end processing

Reports

o Using personal report settings

o Account sets

o Aged cash requirements

o Aged payables

o Aged retainage

o Batch listing

o Batch status

o Cheques register

o Cheques

o Distribution codes

o Distribution sets

o E-mail messages

o GL transactions

o Letters and labels

o Optional fields

o Options

o Overdue payables

o Payment codes

o Payment selection codes

o Posting errors

o Posting journal

o Pre-check register

o Recurring payables

o Remit to locations

o Revaluation posting journal

o 1099/CPRS codes

o 1099/CPRS amounts

o Terms

o Vendor activity statistics

o Vendor group list

o Vendor list

o Vendor period statistics

o Vendor transactions

Importing and exporting

o File import/export selections

o Exporting from records with multiple tables

o Import options o Selecting records for export

o Errors during importing

Error messages

o Using online message help

Importing and exporting

o File import/export selections

o Exporting from records with multiple tables

o Import options o Selecting records for export

o Errors during importing

Accounts payable security

Technical information

o Creating macros for accounts payable

o Multi-user considerations

STANDARD REPORTS FOR ACCOUNTS PAYABLE:

Aged cash requirements 

Aged payables 

Batch listing and status 

Cheque register 

General ledger transactions

Course Schedules

COURSE NAME	DURATION	COURSE DATE	LOCATION	COURSE FEE(excluding VAT)	ENQUIRY FORM	REGISTER
ACCOUNT PAYABLES TRAINING	2 DAYS	MARCH 23RD-24TH	IKEJA	N150,000	ENQUIRY FORM	ENROLL NOW
ACCOUNT PAYABLES TRAINING	2 DAYS	JUNE 8TH-9TH	IKEJA	N150,000	ENQUIRY FORM	ENROLL NOW
ACCOUNT PAYABLES TRAINING	2 DAYS	SEPTEMBER 4TH-5TH	IKEJA	N150,000	ENQUIRY FORM	ENROLL NOW
ACCOUNT PAYABLES TRAINING	2 DAYS	DECEMBER 14TH-15TH	IKEJA	N150,000	ENQUIRY FORM	ENROLL NOW

Explore something new

Training Options

Classroom Trainings

N150,000

Interactive,excitingly serious action oriented learning methodology

Classroom training by top instructors and practitioners

Live Online Virtual Training

N140,000

90 days of flexible access to online classes

Live, online classroom training by top instructors and practitioners

Corporate Trainings

Customized to your team learning needs and organizational goals

Customized learning delivery model (digital material and/or instructor-led)
Flexible pricing options
Enterprise grade Learning Management System (LMS)
Enterprise dashboards for individuals and teams
24×7 learner assistance and support

See WHAT OUR CUSTOMER SAYS

Testimonials

THE PROGRAM I ATTENDED HAS BEEN VERY ENLIGHTENING AND IMPACTFUL. I REALLY ENJOYED THE DELIVERY OF THE FACILITATORS.

JK MICHAELS EMBODIES A WEALTH OF EXPERIENCED AND KNOWLEDGEABLE FACILITATORS WITH A WONDERFUL DRIVE FOR COACHING AND SKILL DEVELOPMENT.THEIR INTERACTIONS AND EXAMPLES WERE REALLY HELPFUL.

IF YOU WANT AN INDEPTH UNDERSTANDING OF PROJECT MANAGEMENT DELIVERED EXCELLENTLY BY PLEASANT AND INTELLIGENT FACILITATORS WHO HAVE A DEEP KNOWLEDGE OF THE SUBJECT MATTER, COME TO JK MICHAELS.

JK MICHAELS HAS GOT FANTASTIC PROGRAMS WITH GREAT CONTENT DELIVERED WITH EXCELLENCE.

Download the JK Michaels FREE Template and FREE E book

ACCOUNT PAYABLES Training.

Examination and Certification

Who Should Attend?

Who should attend

Project Management Professional (PMP)® -certified project managers, IT project managers, project coordinators, project analysts, project leaders, senior project managers, team leaders, product managers, program managers, project sponsors, and project team members who want to continue to develop their skills and renew their PMP® certification

Exam Format

Exam Type: Closed book, Multiple choice, multiple responses, matching, hotspot, etc.
No Of Questions: 180 questions per paper, 175 scored
Exam duration: 230 Minutes
Result: The passing score is determined through psychometric analysis

ACCOUNT PAYABLES TRAINING EXAM DAY ESSENTIAL

Now it’s time to make the commitment to prepare for — and pass — the exam. Carving out time and securing the proper materials to study requires discipline and focus. As a project professional, you’ve got what it takes.

Pad Your Schedule

Visit the Test Center in advance so you can:

Know precisely how to get there.
Find the room immediately on test day.

Test-day tip: Arrive 30 minutes early so you have time to relax before you start the exam.

Or, you can take your Exam online.

Know Your Limits

230 Minutes – Time Allotted for Exam Completion

Two 10-minute breaks for computer-based tests. No scheduled breaks for the paper-based exam.

Prove It’s You

Make sure your ID is:

Valid
Government-issued

And It Includes:

Your photo
Your signature

Stuff You Don’t Need

Calculators

Built into computer-based tests

Scratch Paper and Pencils or Erasable Boards and Markers

Provided by test administrators

Results – Just Like That

Computer-Based Testing

You’ll find out if you passed before you leave.

Why JK Michaels

Academic Excellence

You will gain practical,useful and impactful skills from our experienced faculties.

CONSULTANTS: Our consultants are Practical, Professional,Experienced, Licensed & Effective personnel with minimum experience of over 25years.
CONSULTANT RATING: 96% of our training consultants scored A+ rating from our customers in 2020

INTERNATIONAL ACCREDITATION

JK Michaels joins the prestigious group of organizations approved by Project management institute USA,American Academy of Project Management (USA),Scrum Study institute USA, to provide world class Effective project management training; After a rigorous audit of our curriculum design, delivery, facilitators, and content of our courses.

We are also accredited by government as a management training and consulting firm.In addition to other international institutes including :International institute of Business analysis(IIBA);(APMG)Association of Project Management Group;International institute of Six Sigma Certification;Peoplecert,Clover Health and Safety,Nebosh,Pregen Business School Atlanta,Simplilearn;International institute of Supply Chain Management (UK).
JK Michaels is in alignment with International Standard in Quality and Safety

WORLD CLASS REPUTATION

We are committed on delivering on our customers trust.

CUSTOMER RATING: 95% of our customers rated JK Michaels program excellent and of great value compared to what they pay.
REFERRALS: 95% of our business comes from referrals.
TRUST: Our customer retention rate is 95%.
TRACK RECORD: In year 2019, 96.4% of our customers rated JK Michaels as EXCELLENT.

UNIQUE LEARNING AND CONSULTING SOLUTION

Excitingly different, action learning system focused on improving talents & impacting bottom-line results.

JK MICHAELS LEARNING SYSTEM™ : Practical Action Learning + fun + intellectual intensity = Uncommon Performance
JK MICHAELS CONSULTING SYSTEM™ : Excellent project +process +People + Technology = Uncommon Performance .
CONDUCIVE LEARNING ENVIRONMENT: 99% of our customers rate our facility conducive serene and secure with unmatched technology, gourmet lunch, free refreshment, and WIFI.

CORPORATE IMPACT

After undergoing our training, our customers reported a minimum of 35% boost in their productivity,70% of them get promoted to a higher level at work, 98.5 % pass professional exam at their first sitting and 100% get to network and share experience with employers and top management.

DEDICATED CUSTOMER SERVICE

We promise to support you until you succeed.

COURTESY: You are assured of a courteous and friendly customer service that will work with you until you succeed.
RESPONSIVENESS: We guarantee that your enquiries will be responded to, in three minutes.

INTERNATIONAL THOUGHT LEADERSHIP

Extensive topical resources, white paper, articles.