Accounts Payable & Receivable Operations

Did you know that 13% of invoice payments to small businesses are made late, costing an average of 16 days for chasing payments? This Short Course was created to help accounting professionals accomplish rapid customer payment tracking and processing. By completing this course, you'll be able to confidently identify critical AR documents, process payments with precision in QuickBooks, and generate aging reports that provide instant visibility into your cash flow. You'll master the foundational skills that transform chaotic payment tracking into a streamlined, efficient system. By the end of this course, you will be able to: Recognize standard Accounts Receivable documents and their respective purposes. Apply customer payments to the appropriate accounts receivable ledger accurately. Prepare comprehensive aging reports for debt categorization and realisability. This course is unique because it combines document recognition expertise with hands-on QuickBooks application, giving you both the conceptual foundation and practical skills to excel in AR management from day one. To be successful in this course, you should have basic familiarity with accounting concepts and access to QuickBooks software.

Financial accuracy starts with rock-solid reconciliation skills. Every unmatched invoice and unexplained bank discrepancy creates risk—from overpayments to fraud exposure. This course transforms you into a reconciliation expert who can catch errors before they become costly problems. This Short Course was created to help accounting professionals master the essential control processes that protect organizational finances and maintain accurate records. By completing this course, you'll be able to confidently execute three-way matching to prevent payment errors and fraud, systematically investigate variance between internal and external financial records, and resolve discrepancies efficiently using QuickBooks and spreadsheet tools. These are foundational skills you can apply immediately to enhance accuracy and build credibility in any accounting role. By the end of this course, you will be able to: Apply the three-way-match process to reconcile purchasing documents before payment Analyze financial records against external statements to identify, investigate, and resolve discrepancies This course is unique because it focuses on hands-on application using real-world scenarios with QuickBooks and spreadsheet tools, giving you practical experience with the exact workflows used in professional accounting environments. You'll develop both the technical skills and the investigative mindset needed to maintain financial integrity. To be successful in this course, you should have basic familiarity with accounting principles and comfortable navigating spreadsheet applications.

Bank reconciliation errors cost businesses an average of 5% of their gross revenue annually through fraud and financial misstatements. This Short Course was created to help accounting professionals accomplish accurate cash management and fraud prevention through systematic reconciliation procedures. By completing this course, you'll be able to identify the most common discrepancies between company cash records and bank statements, apply step-by-step reconciliation procedures in QuickBooks, and prepare professional reconciliation reports that ensure cash balances are accurately stated for decision-making. By the end of this course, you will be able to: Identify typical reconciling items for bank reconciliation. Apply bank reconciliation procedures to align general ledger records with bank statements. This course is unique because it combines foundational reconciliation knowledge with hands-on QuickBooks practice, preparing you to handle real-world reconciliation scenarios from day one. To be successful in this course, you should have a background in basic accounting principles and familiarity with general ledger concepts.