Accounts Payable Training Course

Introduction to Accounts Payable
• What is Accounts Payable?
• Examples of Accounts Payable
• Current/ Long-Term liabilities
• Provisions
• Working Capital Management
• Role of Accounts Payable Staff
Accounts Payable – Trade Creditors
• Assessment of Suppliers
• Credit Requirement
• Credit Limits
• Cross-Supply Arrangements
• Payment Terms
• Warranty Arrangements
• Return of Goods
Purchase System
• Purchase Order
• Purchase Requisition
• Pre- GRN Inspection
• Goods Received Note (GRN)
• Invoice
• Post- Purchase Rejections
Recording
• Invoice Processing
• Three-Way Match
• Update Inventory
• A.T. Accounting
• Posting to Sub-Ledger
Payments
• Modes of Payments
• Frequency of Payments
• Utilization of Credit Limits
• Month-End Closing
Other Liabilities
• A.T.
• Corporate Tax Liability
• Employees End of Service Benefits
• Proposed Dividends
• Others
Internal Controls
• Monthly Reconciliation of Sub Ledger
• Regular Confirmation of Balances
• Regular Review of Creditors Reports
• Age Analysis of Creditors
• Review of Utilization of Credit Limits
• Write back of Provisions

1ST BATCH: Tuesday, April 21, 2026 — Friday, April 24, 2026.

2ND BATCH: Tuesday, August 11, 2026 — Friday, August 14, 2026.

3RD BATCH: Tuesday, December 8, 2026 — Friday, December 11, 2026.

The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.