Unlock Your Potential and Become an Accounts Payable Specialist

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Accounts Payable Specialist Course Overview


The Accounts Payable Specialist course is designed to provide students with a comprehensive understanding of the practices and principles of accounts payable administration. It will cover topics related to preparing checks and handling bank accounts, processing payments, maintaining vendor records, dealing with audit requests, handling vendor inquiries, and managing receivables and payables.
The course equips students with the information and skills needed to become an effective accounts payable specialist. Upon completion of the course, students will have a basic understanding of the function of accounts payable. They will have an in-depth understanding of the different types of accounts payable records that need to be kept, the basic principles of effective accounts payable management, and the most current tax regulations impacting accounts payable.
The course also provides hands-on training. Through a series of exercises and real-life scenarios, students develop the skills necessary to efficiently manage the accounts payable process. This includes following procedures for issuing checks, handling payments, and resolving invoice discrepancies. They learn to maintain vendor relations and create customized reports. They are also trained in responding to audit requests and reconciling accounts.

This is a Rare Course and it can be take up to 3 weeks to arrange the training.

Accounts Payable Specialist
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The 1-on-1 Advantage

Get 1-on-1 session with our expert trainers at a date & time of your convenience.
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Flexible Dates

Start your session at a date of your choice-weekend & evening slots included, and reschedule if necessary.
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4-Hour Sessions

Training never been so convenient- attend training sessions 4-hour long for easy learning.
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Destination Training

Attend trainings at some of the most loved cities such as Dubai, London, Delhi(India), Goa, Singapore, New York and Sydney.

You will learn:

Module 1: Introduction to Accounts Payable
  • Overview of Accounts Payable
  • Understanding the Accounts Payable Process
  • Setting Up Accounts Payable
  • Entering and Processing Invoices
  • Reconciling Accounts Payable
  • Managing Vendor Relationships
  • Troubleshooting Accounts Payable Issues
  • Best Practices for Accounts Payable
  • Automating Accounts Payable
  • Analyzing Accounts Payable Data
  • Overview of Accounts Payable Processes
  • Understanding the Accounts Payable Cycle
  • Analyzing and Reconciling Accounts Payable Records
  • Managing Vendor Relationships
  • Automating Accounts Payable Processes
  • Best Practices for Accounts Payable
  • Troubleshooting Accounts Payable Issues
  • Internal Controls for Accounts Payable
  • Auditing Accounts Payable Records
  • Understanding Accounts Payable Fraud Prevention
  • Understanding the Accounts Payable Process
  • Analyzing and Reconciling Accounts Payable Records
  • Identifying and Resolving Discrepancies in Accounts Payable
  • Utilizing Accounts Payable Software
  • Establishing and Maintaining Vendor Relationships
  • Managing Accounts Payable Workflows
  • Understanding Internal Controls for Accounts Payable
  • Preparing and Processing Payments
  • Analyzing and Reconciling Bank Statements
  • Troubleshooting Accounts Payable Issues
  • Understanding Accounts Payable Records
  • Establishing and Maintaining Accounts Payable Records
  • Reconciling Accounts Payable Records
  • Analyzing Accounts Payable Records
  • Automating Accounts Payable Records
  • Auditing Accounts Payable Records
  • Troubleshooting Accounts Payable Records
  • Managing Accounts Payable Records in a Multi-Currency Environment
  • Managing Accounts Payable Records in a Multi-Company Environment
  • Managing Accounts Payable Records in a Multi-Location Environment
  • Understanding the Basics of Automating Accounts Payable Processes
  • Setting Up Automated Accounts Payable Processes
  • Automating Accounts Payable Data Entry
  • Automating Accounts Payable Approvals
  • Automating Accounts Payable Reporting
  • Automating Accounts Payable Reconciliation
  • Automating Accounts Payable Payments
  • Troubleshooting Automated Accounts Payable Processes
  • Best Practices for Automating Accounts Payable Processes
  • Leveraging Technology to Streamline Accounts Payable Processes
  • Understanding the Basics of Vendor Management
  • Establishing and Maintaining Vendor Relationships
  • Evaluating Vendor Performance
  • Negotiating Contracts and Agreements
  • Managing Vendor Payments
  • Resolving Vendor Disputes
  • Understanding Vendor Compliance Requirements
  • Utilizing Technology to Streamline Vendor Management
  • Analyzing Vendor Costs and Benefits
  • Developing Strategies for Vendor Risk Management
  • Overview of Accounts Payable Regulations
  • Understanding the Basics of Accounts Payable
  • Analyzing Accounts Payable Transactions
  • Reconciling Accounts Payable Records
  • Managing Accounts Payable Processes
  • Understanding Internal Controls for Accounts Payable
  • Identifying and Resolving Accounts Payable Issues
  • Understanding Accounts Payable Fraud Prevention
  • Analyzing Accounts Payable Reports
  • Understanding Accounts Payable Auditing Procedures
  • Investigating and Resolving Unrecorded Transactions
  • Analyzing and Resolving Unapplied Cash
  • Investigating and Resolving Unrecorded Liabilities
  • Identifying Common Accounts Payable Issues
  • Analyzing and Resolving Payment Discrepancies
  • Investigating and Resolving Unpaid Invoices
  • Reconciling Accounts Payable Ledgers
  • Troubleshooting Vendor Payment Issues
  • Investigating and Resolving Duplicate Payments
  • Analyzing and Resolving Unmatched Payments
  • Understanding Accounts Payable Processes
  • Establishing Internal Controls
  • Reconciling Accounts Payable Records
  • Managing Vendor Relationships
  • Automating Accounts Payable Processes
  • Analyzing Accounts Payable Performance
  • Implementing Payment Strategies
  • Leveraging Technology for Accounts Payable
  • Understanding Accounts Payable Fraud
  • Developing Accounts Payable Policies and Procedures
  • Automating Accounts Payable Processes
  • Leveraging Technology to Streamline Accounts Payable
  • Best Practices for Managing Accounts Payable
  • Analyzing and Optimizing Accounts Payable Performance
  • Managing Vendor Relationships
  • Implementing Internal Controls for Accounts Payable
  • Understanding Accounts Payable Fraud Prevention
  • Analyzing Accounts Payable Data for Insights
  • Utilizing Accounts Payable Software Solutions
  • Developing Accounts Payable Policies and Procedures
Live Online Training (Duration : 24 Hours) Fee On Request
We Offer :
  • 1-on-1 Public - Select your own start date. Other students can be merged.
  • 1-on-1 Private - Select your own start date. You will be the only student in the class.

4 Hours
8 Hours
Week Days
Weekend

Start Time : At any time

12 AM
12 PM

1-On-1 Training is Guaranteed to Run (GTR)
Group Training
Date On Request
Accounts Payable Specialist
Course Prerequisites

The Accounts Payable Specialist Training is a course geared to those with either accounts payable or accounting experience. Prerequisites for the course generally include:
1. High school diploma or equivalent.
2. Fundamental understanding of accounting concepts and principles.
3. Working knowledge of a major accounting system, such as QuickBooks or Sage.
4. Basic computer proficiency, including word processing, spreadsheet, and database applications.
5. Excellent organizational and time management skills.
6. Exceptional attention to detail and accuracy.

Target Audience


The target audience for Accounts Payable Specialist training is finance and accounting professionals
It is ideal for bookkeepers, accounts clerks, office managers, controllers, and higher-level accounting specialists
This training is also suitable for individuals from other departments, such as procurement and legal, who work with accounts payables teams
Accountants and auditors who want to gain an understanding of the standard processes for issuing payments and calculating liabilities should also benefit from the training
All attendees should have a basic understanding of double-entry bookkeeping, ledgers and journals, accounts receivables and financial reports
This training should also appeal to personnel from small to mid-sized businesses that are looking to bring more efficiency and quality to their accounts payable departments

Learning Objectives of Accounts Payable Specialist


The Accounts Payable Specialist Training aims to provide a comprehensive understanding of the accounts payable process and develop the skills necessary to work efficiently and productively. The learning objectives of the course include: understanding and using accounting terminology; interpreting financial reports; developing internal control measures; reviewing and processing financial transactions; understanding payment methods; managing vendor relations; preparing and reviewing audit documentation; maximizing working capital; and reconciling accounts. At the end of the course, participants will be equipped with the necessary skills to carry out their roles efficiently, remove obstacles and exceed client expectations.

FAQ's

1-on-1 Public - Select your start date. Other students can be merged. 1-on-1 Private - Select your start date. You will be the only student in the class.
Yes, course requiring practical include hands-on labs.
You can buy online from the page by clicking on "Buy Now". You can view alternate payment method on payment options page.
Yes, you can pay from the course page and flexi page.
Yes, the site is secure by utilizing Secure Sockets Layer (SSL) Technology. SSL technology enables the encryption of sensitive information during online transactions. We use the highest assurance SSL/TLS certificate, which ensures that no unauthorized person can get to your sensitive payment data over the web.
We use the best standards in Internet security. Any data retained is not shared with third parties.
You can request a refund if you do not wish to enroll in the course.
To receive an acknowledgment of your online payment, you should have a valid email address. At the point when you enter your name, Visa, and other data, you have the option of entering your email address. Would it be a good idea for you to decide to enter your email address, confirmation of your payment will be emailed to you.
After you submit your payment, you will land on the payment confirmation screen. It contains your payment confirmation message. You will likewise get a confirmation email after your transaction is submitted.
We do accept all major credit cards from Visa, Mastercard, American Express, and Discover.
Credit card transactions normally take 48 hours to settle. Approval is given right away; however, it takes 48 hours for the money to be moved.
Yes, we do accept partial payments, you may use one payment method for part of the transaction and another payment method for other parts of the transaction.
Yes, if we have an office in your city.
Yes, we do offer corporate training More details
Yes, we do.
Yes, we also offer weekend classes.
Yes, Koenig follows a BYOL(Bring Your Own Laptop) policy.
It is recommended but not mandatory. Being acquainted with the basic course material will enable you and the trainer to move at a desired pace during classes. You can access courseware for most vendors.
Yes, this is our official email address which we use if a recipient is not able to receive emails from our @koenig-solutions.com email address.
Buy-Now. Pay-Later option is available using credit card in USA and India only.
You will receive the digital certificate post training completion via learning enhancement tool after registration.
Yes you can.
Yes, we do. For details go to flexi
You can pay through debit/credit card or bank wire transfer.
Dubai, London, Sydney, Singapore, New York, Delhi, Goa, Bangalore, Chennai and Gurugram.
Yes you can request your customer experience manager for the same.
Yes of course. 100% refund if training not upto your satisfaction.

Prices & Payments

Yes of course.
Yes, We are

Travel and Visa

Yes we do after your registration for course.

Food and Beverages

Yes.

Others

Says our CEO-
“It is an interesting story and dates back half a century. My father started a manufacturing business in India in the 1960's for import substitute electromechanical components such as microswitches. German and Japanese goods were held in high esteem so he named his company Essen Deinki (Essen is a well known industrial town in Germany and Deinki is Japanese for electric company). His products were very good quality and the fact that they sounded German and Japanese also helped. He did quite well. In 1970s he branched out into electronic products and again looked for a German name. This time he chose Koenig, and Koenig Electronics was born. In 1990s after graduating from college I was looking for a name for my company and Koenig Solutions sounded just right. Initially we had marketed under the brand of Digital Equipment Corporation but DEC went out of business and we switched to the Koenig name. Koenig is difficult to pronounce and marketeers said it is not a good choice for a B2C brand. But it has proven lucky for us.” – Says Rohit Aggarwal (Founder and CEO - Koenig Solutions)
All our trainers are fluent in English . Majority of our customers are from outside India and our trainers speak in a neutral accent which is easily understandable by students from all nationalities. Our money back guarantee also stands for accent of the trainer.
Medical services in India are at par with the world and are a fraction of costs in Europe and USA. A number of our students have scheduled cosmetic, dental and ocular procedures during their stay in India. We can provide advice about this, on request.
Yes, if you send 4 participants, we can offer an exclusive training for them which can be started from Any Date™ suitable for you.