Certified Accounts Payable Specialist

Created by LEC Team
Last updated Mon, 27-Mar-2023
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Recorded approaches and also techniques employed by very appreciated firms are both effective and not successful in showing the real-world performance of each process as well as method.

Educating Goals of Accounts Payable Expert


  • Accruals & Time Deposit
  • Cash Administration & Money Positioning
  • Identify the feature of accounts payable as well as its function in organizations
  • Usage accountancy principles related to accounts payable
  • Define just how to take an effective leader in the administration of accounts payable
  • Assess AP operations and processes and advise enhancements using the most up-to-date best techniques
  • Apple devices and also strategies in Microsoft Excel to successfully manage and keep an eye on accounts payable efficiency


Day 1
The Big Picture: Accounts Payable and the Financial Health of Organizations

  • The Important Role of Accounts Payable (AP)

  • The Meaning of Managing Accounts Payable

  • The Functions of Management

  • The Functions of Accounts Payable Department and Role of AP Staff

  • Accounts Payable Impact on Working Capital and Cash Management



Day 2
Accounting for Accounts Payable

  • Accounting Essentials for Accounts Payable

  • Accounts Payable Terminology

  • General Ledger and Sub-Ledger

  • Month-End Accounting Entries and Accruals

  • Control Account Reconciliations

  • Developing a Reconciliation Plan for the Sub-Ledger



Day 3
Key Topics in Accounts Payable Management

  • Applying Best Practices in your Organization

  • Identifying Proper Internal Controls

  • The Annual Audit as an Added Value

  • Impact of AP Outsourcing

  • Detecting Fraud in Accounts Payable



Day 4
The Behavioural Side of Managing Accounts Payable Department

  • Improving the Image of the Accounts Payable Department

  • Ways to Motivate Accounts Payable Staff

  • Organizing the AP Department

  • Closing the Communication Gap

  • Dealing with Internal and External Disputes

  • Providing Customer Service to Vendors



Day 5
Using Excel in Managing Accounts Payable
  • The interface between Accounts Payable System and Excel

  • Using Pivot Tables to Extract Valuable Information

  • Preparing and Analyzing Accounts Payable Aging

  • Developing Your Accounts Payable Dashboard



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