Accounts Payable Training Course Class Outline
Module One: Management of Accounts Payable (A/P)
- The Big Picture
- Payment Systems Best Practices
- Policies and Procedures Manual
- Controls
Module Two: Master Vendor File
Module Three: AP Processes
- Payroll
- Invoices
- Bank Reconciliation
Module Four: Payments
- Strategy
- Vendors
- Independent Contractors
- Utilities
- Scholarships and Fellowships
- Forms 1099 and 1096
- IRS Notice CP-2100A/B
- Back-up Withholding
- Duplicate Payments
- Payment Portals
Module Five: Payment Methods
- Cash
- Checks
- Remotely Created Checks
- Direct Debits
- EFTs/ACH
- Wires
- Payment Cards (P-Cards)
- EFTPS
Module Six: Fraud Prevention
Module Seven: Nonresident Alien Tax Compliance
Module Eight: Travel and Entertainment
Module Nine: Regulatory Compliance
- W-9 and W-8
- Escheat (Unclaimed Property)
- Sales and Use Tax
- Office of Foreign Asset Control (OFAC)
- Foreign Corrupt Practices Act (FCPA)
Module Ten: Technology
- General
- Excel
- Evaluated Receipt Settlement
- Artificial Intelligence (AI)
- Robotic Process Automation (RPA)
- Application Program Interface (API)
Module Eleven: Customer Service
- Internal Customers
- Vendors