Course information

Accounts Payable and Receivable Training Course Outline

Module 1: Introduction to Accounts Payable and Receivable

  • Overview of Accounts Payable (AP) and Accounts Receivable (AR)
  • The importance of AP and AR in financial management
  • Key terminology and concepts

Module 2: Accounts Payable Processes

  • The AP Cycle: From Invoice Receipt to Payment
  • Invoice processing and verification
  • Handling discrepancies and disputes
  • Managing vendor relationships

Module 3: Accounts Receivable Processes

  • The AR Cycle: From Invoice Generation to Payment Collection
  • Customer invoicing and credit terms
  • Payment collection and reconciliation
  • Handling overdue accounts and bad debts

Module 4: Financial Reporting and Compliance

  • Generating and interpreting AP and AR reports
  • Compliance with accounting standards and regulations
  • Internal controls and audit procedures

Module 5: Automation and Technology in AP and AR

  • Overview of accounting software and tools
  • Implementing automation to streamline processes
  • Data security and privacy considerations

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Who should attend this Accounts Payable and Receivable Training?

The Accounts Payable and Receivable Training is designed to equip delegates with the essential skills and knowledge required to excel in financial management roles. This training course is particularly advantageous for the following professionals:

  • Accounts Payable Clerks
  • Accounts Receivable Clerks
  • Financial Assistants
  • Bookkeepers
  • Accounting Technicians
  • Finance Officers
  • Junior Accountants
  • Office Managers
  • Small Business Owners
  • Entry-Level Finance Professionals

Prerequisites of the Accounts Payable and Receivable Training Course

There are no prerequisites for this Accounts Payable and Receivable Training Course.

Accounts Payable and Receivable Training Course Overview

Accounts Payable and Receivable are crucial components of a business's financial management, focusing on tracking and managing a company's liabilities and incoming payments. Effective management of these processes ensures accurate financial records, timely payments, and efficient cash flow, which are vital for the financial health and stability of any organisation.

Proficiency in Accounts Payable and Receivable is essential for Finance Professionals, Accountants, Bookkeepers, and Business Managers. Mastering these skills enables professionals to streamline financial operations, minimise errors, enhance vendor relationships, and optimise working capital. It is essential for those aiming to maintain robust financial controls and drive efficiency in their organisations.

This intensive 2-days by The Knowledge Academy course equips delegates with fundamental concepts and practical skills in managing accounts payable and receivable. Through hands-on workshops and expert-led sessions, delegates gain a comprehensive understanding of key processes, including invoice processing, payment cycles, credit management, and reconciliation. Delegates learn to implement best practices, interpret financial data, and use software tools for efficient accounts management.

 Course Objectives

  • To understand the foundational principles of accounts payable and receivable
  • To explore various processes involved in invoice processing and payment cycles
  • To apply best practices in credit management and collections
  • To analyse and interpret financial data related to payables and receivables effectively
  • To optimise cash flow management and ensure timely payments
  • To comprehend ethical considerations in managing financial transactions

Upon completing this course, delegates will have acquired the knowledge and skills necessary to efficiently manage accounts payable and receivable processes, making them invaluable assets in their professional fields.

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What's included in this Accounts Payable and Receivable Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • Accounts Payable and Receivable Certificate
  • Digital Delegate Pack

Why choose us

Our Poole venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Poole is located within the county of Dorset with a population of around 140,000 inhabitants. The city is east of Dorchester and Bournemouth. The city used to been known as a port for transporting exports of the wool trade. Poole has been given a certificate of a Blue flag beach, which indicates the beach is clean and safe. Its natural history harbour is a huge tourist attraction as well as the lighthouse arts centre. There is a rate of around 4.3% unemployed people living within Poole.

 The Arts University Bournemouth has its main campus within Poole, concentrating on performance, design, art and media. The university has around, 2,800 undergraduates and 74 post graduates. The college also offers short programmes for 16 year olds, Saturday art school for 9 to 18 year olds and summer courses. 

Nearby Locations include:

  • Waterloo
  • Sandbanks
  • Sandford Holiday Park
  • Beacon Hill
  • Upton
  • Lytchett Minster
  • Hamworthy
  • Oakdale
  • Canford Cliffs
  • Lytchett Matravers
  • Parkstone
  • Branksome
  • Canford Heath
  • Holton Heath
  • Branksome Park
  • Nuffield Industrial Estate
  • Southbanks
  • Organford
  • Holton Heath Trading Park
  • East Holton

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Address

Poole

T: 01344203999

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Accounts Payable And Receivable Training in Poole. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Accounts Payable And Receivable Training in Poole, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's Accounts Payable And Receivable Training in Poole. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Accounts Payable And Receivable Training in Poole sessions.

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Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

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Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

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Accounts Payable And Receivable Training in Poole FAQs

Accounts Payable refers to the money a company owes to its suppliers for goods or services purchased on credit. On the other hand, accounts receivable is the money owed to the company by its customers. These functions are essential for managing a company’s cash flow and financial health.
To prepare Accounts Payable and Receivable accurately, it’s important to keep detailed records of transactions, maintain organised invoices, and follow payment schedules. Regular account reconciliation, along with the use of accounting software, helps ensure precision and timely payments or collections.
The key difference between Accounts Payable and Receivable is that Accounts Payable involves a company’s obligations to suppliers, meaning the company needs to pay them. Accounts Receivable represents amounts owed to the company by customers, reflecting incoming payments.
There are no formal prerequisites for attending this Accounts Payable and Receivable Training Course. However, a basic understanding of financial accounting or business operations can help you fully grasp the course materials.
The course covers topics such as invoice management, payment scheduling, financial reconciliation, cash flow optimisation, credit control, and financial reporting. These topics equip delegates with the knowledge required to manage company finances effectively.
Upon completing the course, delegates will gain valuable skills such as financial analysis, cash flow management, efficient invoice processing, payment scheduling, and handling reconciliation, as well as the ability to streamline accounts payable and receivable functions.
To register for this course, please visit The Knowledge Academy’s Accounts Payable and Receivable Training course page, select your preferred dates from the Dates and Prices section, make the payment and avail the course materials.
After completing the Accounts Payable and Receivable Training Course, consider applying the knowledge gained in relevant finance roles or pursuing further studies to specialise in advanced accounting practices or financial management.
Yes, The Knowledge Academy offers access to materials on multiple devices, such as computers, tablets, and smartphones, enabling you to study at your convenience, whether at home or on the go.
This Accounts Payable and Receivable Course is highly beneficial for individuals looking to improve their financial management skills. It equips delegates with the tools to handle essential accounting functions, making them a valuable asset in any business environment.
The Accounts Payable and Receivable Training Certification aims to improve efficiency in handling business transactions, ensuring accurate financial reporting, and optimising processes for both payables and receivables, thereby enhancing the company's cash flow management.
The benefits of this training include better management of financial transactions, improved cash flow for businesses, enhanced employability in accounting roles, and the ability to streamline financial operations for greater efficiency.
Yes, 24/7 support is available throughout this Accounts Payable and Receivable Training. Delegates can access help for any technical issues, queries regarding course materials, or assistance with accessing the training platform at any time.
This Accounts Payable and Receivable Course is generally designed for beginners to intermediate-level delegates, making it accessible for those new to accounting or with moderate experience in finance.
This Accounts Payable and Receivable Training Course is ideal for Accounting Professionals, Finance Officers, and small business owners who are responsible for managing their company's financial transactions and cash flow.
In this Accounts Payable and Receivable Course, you’ll learn how to efficiently manage invoices, payment schedules, credit control, reconciliation methods, and other key financial processes. The course equips you with practical tools for optimising accounts operations.
Holding this Accounts Receivable & Payable Certification demonstrates proficiency in managing financial transactions, helping to enhance your credibility and career prospects in accounting, finance, and business administration roles.
The Receivables & Payables Accounting Course includes access to course materials, instructor-led sessions, hands-on case studies, and a digital delegate pack. The Knowledge Academy also offers ongoing access to resources and a certificate upon completion.
Individuals who will benefit from obtaining this Accounts Receivable & Payable Certification include Accountants, Finance Managers, Administrative Professionals, and anyone involved in managing invoicing, payments, or collections within a business.
The duration of this Accounts Payable and Receivable Training Course spans across 2 days. For self-paced courses, the duration may vary based on the delegate's schedule, allowing flexibility to complete the training at their own pace.
Yes, corporate training is available for teams and organisations looking to upskill their workforce in employing accounting practices effectively. Tailored training courses can be designed to meet specific business needs.
Yes, self-paced training is available for those who prefer flexibility in their learning schedule. Delegates can access the course materials, including videos and exercises, and complete the training at their own convenience.
If you encounter issues accessing your Accounts Payable and Receivable Course, you should contact The Knowledge Academy's support team. They will help troubleshoot technical issues and provide alternative access to the course materials.
Upon completing the Accounts Payable and Receivable Course, you can pursue roles such as Accounts Payable/Receivable Clerk, Financial Analyst, Accounting Technician, Credit Controller, or Finance Assistant. These roles are essential in businesses across various industries.
The training fees for Accounts Payable and Receivable Training Coursein Poole starts from £1695
The Knowledge Academy is the Leading global training provider for Accounts Payable and Receivable Training Course.
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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