ACSP103M: Accounts Payable-Entry Level

Program
Theory Hours 2 Lab Hours 1 Credits 2

This hands-on class will teach the student the accounts payable department functions, from the receipt of a purchase order through the completed payment of the invoice using a QuickBooksTM software package. Topics covered include the logical process of work within the accounts payable department, the interaction and flow of information throughout the organization, internal controls, processing of paperwork for the invoice packet, disbursement of funds, updating the vendor master file, preparation of 1099 reports and vendor statement reconciliation. Upon successful completion of the course, the student will be ready for an entry-level position in accounts payables.