The purpose of this training is to discuss the business flow of Accounts Payable. The training will focus on the different ways of entering Accounts Payable invoices. After completion, the student should be able to create accounts payable from purchase order and from invoice journal as well as to create checks and issue payments.

Course Outline

• Relating setup for processing accounts payable
  • Vendor groups
  • Accounts payable posting profiles
  • Accounts payable parameters
  • Vendor setup
  • Payment setup
• Process accounts payable from purchase order
• Miscellaneous cost allocation
• Process accounts payable directly using Invoice journal
• Create payments
• Create checks
• Open Transaction Editing
• Closed Transaction Editing