Accounts Payable and Receivable (A/P, A/R)

This course is perfect if you are already working in accounting or finance and want to improve your skill in payables and receivales.
Accounts Payable (Vendors / Supplies)
Accounts Payable is the process of recording outstanding bills of a business. Your suppliers have provided goods or services on credit, and it is the money you owe them. Accounts Payable is called AP or A/P for short. By completing this lesson, you will be able to
- Enter general bills
- Enter a Purchase Order (PO)
- Enter Items Received
- Create a credit memo for items or services returned
- Apply credits to invoices
- Pay bills
Accounts Receivable (Customers)
The record of money owed to your business for goods or services; that is, invoices for which your business hasn’t received payment yet. Accounts Receivable is called A/R for short. By completing this lesson, you will be able to
- Enter new customers
- Create an estimate
- Create a sales order
- Create an invoice
- Create a refund or credit memo
- Create invoice templates
- Assess finance charges to customers
- Send customers a statement
- Receive payments and apply credits
- Make customer deposits
- Enter alternative sales receipt
What’s Included?
- Step-by-step training videos with subtitles.
- Customer invoices and a statement
- Vendor (supplier) invoices / bills and a statement
- Chequing bank statements for 2 months in Canadian currency
- A US dollar bank statement for 1 month
- A sample cheque and a deposit book (corresponding to bank deposits)
- Credit card statements in CAD for 2 months
- A credit card statement in USD for 1 month
- A link to download QuickBooks software (30-day free trial)
- A QuickBooks data file for a sample company (which is used for the training)
The Accountant – Senior program includes this course.
Course Features
- Lectures 2
- Quizzes 0
- Skill level All level
- Language English
- Students 67
- Assessments Yes
Accounts Payable and Receivable (A/P, A/R)