Training Course:Accounts Payable/ReceivableSchool/Trainer:Australian College
Sydney, NSW, Australia
Course Format: Classroom | E-learning | Virtual Class | Online | On-site | Blended | Self-paced
Course Description:
'' In the Accounts Payable/Receivable Course you can start from scratch or pull together existing knowledge so that you become a complete financial package employers will want for their business. You become a highly important cog that keep the wheels of commerce running.
The course introduces you to the financial services environment, setting you up for the diverse company cultures you are likely to encounter. Plus, in a really practical and stimulating way it teaches you how to deal with workplace procedures, financal systems and equipment by applying highly useful techniques.
You will also learn about payable and receivable accounts, how to create simple accounting spreadsheets, prepare bank receipts, operate a computerised accounting system and even put together financial reports.
Step-by-step you will be taken through new or familiar technology that will soon have you administering accounts and taking logical steps to sort out financial problems.
You will quickly develop real skills that apply to the workplace. Plus, you will enjoy our unique blended learning approach.
Career opportunities include: Accounts Payable, Accounts Receivable, Accounts Assistant, Accounts Officer/Clerk, Collections Officer, Credit Officer, Accounts Administrator.
Industries include: You can work in or for any type of industry, from a bank to a travel agency to real estate agent.
What is the difference between Accounts Payable and Accounts Receivable?
Accounts payble is where you process the accounts that need to be paid to suppliers. For instance, if you are working for a printing company and the printing company orders paper then the paper supplier will send an invoice to the printing company to be paid. As far as the printing company is concerned this is an account that is payable to the paper company. So you would be doing accounts payable for the printing company.
On the other hand, if you were working for the paper company you would be expecting to receive payment for the paper you supplied to the printing company. Therefore, you would be doing accounts receivable.
The same applies in reverse. The printing company will have accounts receivable (payments coming in from their clients) in response to invoices the printing company sent out; and the paper company will have accounts payable (money they owe to their suppliers).
When you phone a company, such as the phone company, and they ask you if you want "accounts payable or receivable" they mean their accounts payable or receivable (not yours). If they are phoning you about an account then it is your accounts payable or reveivable.
Accounts Payable/Receivable duties may include:
processing accounts to be paid to suppliers and/or payment to be received by clients
preparing order forms
preparing invoices
reconciling invoices
doing customer credit checks
reconciling accounts
telephoning customers
Accounts Clerks/Assistants usually work under the supervision of an accountant. Most of their client contact is by telephone. Accounts Clerks/Assistants record and put together the documentation for the financial transactions of an organisation for management purposes. Accounts clerks/assistants may do any of the following:
receive and record invoices and arrange payment
prepare and send invoices to debtors
check and process loan applications
calculate and distribute wages and salaries
prepare regular reports and summaries of accounting activities
prepare financial statements and debtors’ listings
check customers’ credit ratings
verify recorded transactions and report irregularities to management
prepare reconciliations of accounts.
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Please go to the school's official website for training price and schedule:
http://www.acq.edu.au/
Phone:1800 790 490
School Address:
Building Level 1, 410 Oxford Street
Bondi Junction NSW 2022
Jobs & Resumes: Sydney
Houses & Roommates: Sydney
Travel Agencies: Sydney
Search other schools for Accounts Payable/Receivable training resources.
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