Overview

Transform your accounting career by building comprehensive accounts payable and receivable management systems that combine traditional financial controls with modern automation. You'll develop expertise in vendor payment verification, automated billing workflows, and dispute resolution processes using QuickBooks and Excel. This hands-on course integrates reconciliation techniques, financial analysis, and process automation to create audit-ready accounting systems. Working through realistic business scenarios, you'll implement three-way matching controls, configure automated recurring billing, and establish performance monitoring dashboards. You'll analyze aged receivables, calculate key metrics like DSO, and create systematic approaches to dispute resolution. These integrated skills prepare you for accounting assistant and junior bookkeeper roles where accuracy, efficiency, and compliance are essential. The course emphasizes practical application of accounting principles through digital tools, giving you portfolio-ready deliverables that demonstrate your ability to streamline financial operations while maintaining strict controls and audit trails.

Syllabus

Three-Way Match Reconciliation

You will learn the foundational three-way match control process used to prevent payment errors and fraud by systematically verifying vendor invoices against purchasing documentation before releasing payments.

Financial Records Analysis and Discrepancy Resolution

You will develop skills to systematically reconcile internal financial records with external bank statements, identify and investigate variances, and implement appropriate resolution strategies including adjusting journal entries and external communications.

Attach Source Documents to Transactions

You will establish systematic documentation practices by attaching digital source documents to financial transactions, creating complete audit trails that ensure accuracy and compliance.

Analyze and Reconcile Ledger Discrepancies

You will systematically identify and resolve imbalances between detailed transaction records and summary accounts, utilizing diagnostic tools and correcting entries to maintain financial accuracy.

Apply Billing Policies for Accurate Invoice Generation

You will learn systematic billing policy application for high-volume invoice processing with accuracy and compliance.

Analyze Aged-Receivables and DSO for Collection Prioritization

You will explore aged-receivables analysis and DSO calculation techniques to create data-driven collection strategies that optimize cash flow recovery.

Invoice Dispute Investigation & Resolution

You will learn systematic invoice dispute investigation by analyzing supporting documentation and applying evidence-based resolution frameworks.

Automated Recurring Invoice Systems

You will learn the configuration of automated recurring billing systems with payment reminders to improve cash flow and reduce manual administrative work.

Project: Reconciliation, Billing, and Collections Optimization

You will create a comprehensive accounts payable and receivable management system by integrating reconciliation, billing automation, and dispute resolution skills. This project simulates real-world accounting operations where multiple financial processes must work together seamlessly.