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 Washington D.C. 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.

Washington D.C is the capital of the United States and is a federal district. Washington has around 660,000 inhabitants living in the area.

Washington D.C is the home to a variety of universities such as the American University which is a private research university. The university is affiliated with the United Methodist Church. The university was established in 1893 and was approved by former President Benjamin Harrison. The university enrols around 13,000 students a year who are either undergraduate or graduate students. Students at American University have backgrounds of more than 150 nationalities. The American University is also very well known for its study abroad programs in which students can participate in a number of programs around the world.

The George Washington University is another university located in Washington D.C. The university is a private research university and is the largest institution in the District of Columbia. The George Washington University was established in 1821. The university currently has around 25,300 students in attendance with the majority of those studying postgraduate degrees. Some of the courses available at the George Washington University include; Arts, Science, Business, International Affairs, Public Health, Professional Studies, Engineering, Applied Sciences, Nursing and Medicine, Politics and Law.

Another university located in Washington D.C is the Gallaudet University which is a private university for deaf and hard of hearing students. The university has around 2,000 students in attendance. Gallaudet was established in 1864 and was originally a grammar school for deaf and blind children until it became the university. Gallaudet is famous for being the only university that primarily teaches classes specifically accommodated to deaf and hard of hearing students. The university is bilingual using American Sign Language (ASL) and English.

Georgetown University is a private research university in Washington and was established in 1789 making it the oldest catholic and Jesuit institute in the United States. There are around 18,000 students who attend the university each year and study a variety of degrees. Some notable alumni from Georgetown University include eight former heads of state, Bill Clinton, Bradley Cooper and a variety of others. 

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Address

AdvantEdge Business Centres,

5335 Wisconsin Avenue,

Suite 650,

Washington D.C

United States

T: +1 7204454674

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 Washington D.C.. 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 Washington D.C., 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.

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

What our customers are saying

Accounts Payable And Receivable Training in Washington D.C. FAQs

Please arrive at the venue at 8:45am.
We are able to provide support via phone & email prior to attending, during and after the course.
Delegate pack consisting of course notes and exercises, Manual, Experienced Instructor, and Refreshments
This course is [ ] day(s)
Once your booking has been placed and confirmed, you will receive an email which contains your course location, course overview, pre-course reading material (if required), course agenda and payment receipts
The training fees for Accounts Payable and Receivable Training Coursein Washington D.C. starts from $2295
The Knowledge Academy is the Leading global training provider for Accounts Payable and Receivable Training Course.
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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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