Using Accounts Payable (AP) Course Overview

Adequate financial management is critical to the success of an organization. Businesses able to successfully manage their income and expenses can easily handle their day to day activities without worrying about over spending. Managing finances successfully not only helps businesses understand their revenue but understand whether they are making profits or sinking in losses with a need to pivot.

Accounts payable explains the money owed by a business to its suppliers and creditors. Without adequate management of this, companies who have accrued the goodwill to incur the short term debt are likely to fall on bad terms with their creditors or face legal consequences. Professionals equipped with the ability to firmly manage accounts payable are an asset to any organization.

With the wide use of Oracle software today, successfully completing the Accounts Payable course offers professionals heightened professional opportunities based on their versatile set of skills. Check out the dates below to enroll in this Using Accounts Payable course today

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

The 1-on-1 Advantage
Methodology
Flexible Dates
  • • Choose Start Date
  • • Reschedule After Booking
  • • Weekend / Evening Option
4-Hour Sessions

You will learn:

Module 1: Introduction
  • Configuring Accounts Payable Home Dashboard
  • Creating a New Vendor
  • Creating a New Contact from a Vendor Record
  • Creating a Purchase Request
  • Approving a Purchase Request
  • Creating a Purchase Order
  • Approving and Rejecting a Purchase Order
  • Receiving Against the Purchase Order
  • Billing a Purchase Order
  • Entering a Bill
  • Approving a Bill
  • Holding Payment on a Bill
  • Paying Bills
  • Entering a Vendor Credit
  • Entering a Vendor Return Authorization
  • Approving a Vendor Return Authorization
  • Shipping Authorized Vendor Returns
  • Crediting Vendor Returns
  • Printing Checks and Forms
  • Writing a Check
  • Voiding a Check
  • Voiding a Bill Payment
  • Paying Sales Tax
  • Navigating NetSuite Reports
  • Generating Accounts Payable Reports
  • Generating Standard Purchase Reports
Live Online Training (Duration : 8 Hours) 300 + If you accept merging of other students. Per Participant
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
Comfort Track
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
Course Prerequisites

While there are no formal prerequisites students must meet to sit this Using Accounts Payable course, it is recommended for students to have previous experience with relational database management and SQL.

Participants should also have a strong understanding of foundational financial business concepts.

The Oracle 11i eBusiness Suite (also called Oracle Financials) is one of the most flexible and robust packages available on the market. The intensive Oracle Accounts Payable (AP) training module offers an overview of each of the functional areas within Oracle Financials AP. It offers candidates the tools needed to establish and use Oracle AP in the processing and tracking of accounts payable.

Key Features of Using Accounts Payable (AP) Certification Training Course

  • 1-day Instructor-led Using Accounts Payable Training
  • Get access to a free 1-hour Using Accounts Payable course preview to learn about the Oracle AP tool
  • Expert Oracle AP instructors across the globe
  • Accredited Using Accounts Payable course material prepared by SMEs
  • Get real-life experience through Oracle AP lab sessions
  • Industry-recognized Using Accounts Payable Course Completion certificate provided
  • Using Accounts Payable training provided across 100+ locations globally

Who can take up Using Accounts Payable Training?

Job roles that can take up Using Accounts Payable online training include, but are not limited to:

  • Accounts Payable Staff
  • Oracle Consultants
  • ERP Professionals
  • Aspiring ERP Professionals
  • Technical Consultants
  • Functional Consultants
  • Finance Team Members
  • Business Managers
  • Professionals looking to understand everything about Oracle Accounts Payable tool in their day-to-day activities

Learning Objectives of Using Accounts Payable Training

The Using Accounts Payable course is structured around five core modules. These are; an Introduction to Oracle eBusiness Suite AP Module, Supplier tasks in Oracle Financials AP, Managing payments in Oracle Financials AP, Invoice management in Oracle Financials AP, and Reporting with Oracle AP. Each module comprehensively covers the subject matter to create a strong end to end understanding of using Accounts Payable.

Upon successful completion of this Using Accounts Payable course, candidates are able to;

  • Set up and manage accounts payable
  • Create and manage suppliers
  • Use AP invoice and payment management secrets within Oracle Financials
  • Customize AP to meet client specific needs
  • Use the prompt payment act and the generation of the immediate payment report
  • Use advanced AP functions, including tax in accounts payable, terms of payment, due date calculations, and expense reporting
  • Use AP interfaces with General Ledger (GL)

Oracle is one of the world's largest providers of enterprise resource planning (ERP) systems. With a system that is constantly evolving and updating to meet the latest global industry trends, the community of users extends beyond 10,000 users. This allows certified professionals to enter a number of businesses of different sizes and within a variety of industries.

Getting Accounts Payable certified tells hiring organizations a professional is equipped with the most up to date and versatile skills that can be used to maintain full transparency with the business's finances. As finances are the fuel for the day to day activities to burn, this transparency is critical to any business's success.

Oracle financial consultant salaries can start as low as USD 83,000 and run as high as USD 182,000. Currently, the majority of Oracle financial consultants within the United States earn on average between USD 104,000 and USD 155,500.

Using Accounts Payable (AP) Exam Format

While there is no examination directly linked to this Using Accounts Payable course, financial professionals looking to expand their knowledge with Oracle's financial modules can sit the 1Z0-1055-21 examination. The Oracle Financials Cloud: Payables 2021 implementation essentials examination certifies a professional's capability to configure payables, payments, and tax and payables invoicing; create and process payments, expenses, reporting, and period close.

The examination is structured in a multiple choice format. It consists of 55 questions to be completed over a span of ninety minutes. In order to successfully complete this examination, students are required to obtain a passing score of 60%.

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FAQ's


Yes, fee excludes local taxes.
Yes, we do.
The Fee includes:
  • Courseware
  • Testing Via Qubits
Schedule for Group Training is decided by Koenig. Schedule for 1-on-1 is decided by you.
In 1-on-1 you can select your own schedule, other students can be merged but you select the schedule. Choose 1-on-1 if published schedule do not meet your requirement. If you also want a private session, opt for 1-on-1 Public.
No, it is not included.

The eBusiness Suite (Oracle Financials) AP training course is designed for working financial professionals.

The average cost of the course varies based on the choice of training or the learning method and location of the candidate. The cost for this Using Accounts Payable online course is only available upon enquiry as this belongs to the "Rare Course" category. The examination cost also varies based on the location of the student and choice of proctor; on average, the cost of the examination costs USD 245.

The average duration of this Using Accounts Payable course is five days. This Using Accounts Payable certification training will be delivered by an expert Oracle instructor with real experience across industry sectors.

After you have successfully completed both the Using Accounts Payable course and relevant examination, professionals have partially completed the requirements to hold the Oracle Financials Cloud: Payables 2021 certified implementation specialist. You may complete the requirements to earn the credential.

Participants who enroll for the Oracle Using Accounts Payable certification training will get:

  • A copy of the Oracle Using Accounts Payable course material
  • Hands-on exercises developed by an expert Oracle AP trainer
  • Using Accounts Payable course completion certificate from an Accredited Oracle Training Partner

Yes, Koenig Solutions is an accredited Oracle Training Partner to deliver Using Accounts Payable Certification Training across the globe.

Learners can take up this Using Accounts Payable certification training course in multiple delivery modes that include:

  • Instructor-led classroom training
  • Instructor-led Live online training
  • 1-on-1 training
  • Fly-me-a-Trainer
  • Corporate/on-site training
In both, you choose the schedule. In public, other participants can join, Private other participants want to join.
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.
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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.
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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.
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You will receive the digital certificate post training completion via learning enhancement tool after registration.
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You can pay through debit/credit card or bank wire transfer.
Dubai, Goa, Delhi, Bangalore.
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Yes of course. 100% refund if training not upto your satisfaction.

Prices & Payments

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Travel and Visa

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Food and Beverages

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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.
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