AP/AR Clerk Fundamentals
30 min6 sessions
business
Learn the essential skills of an Accounts Payable and Accounts Receivable clerk, from processing invoices to managing cash flow and using accounting software.
What you'll achieve
Understand the 3-way matching process for Accounts Payable.
Interpret common payment terms and their financial implications.
Explain the 'order-to-cash' cycle in Accounts Receivable.
Analyze and utilize Accounts Receivable aging reports.
Perform basic bank and vendor statement reconciliations.
Identify key features and benefits of common accounting software for AP/AR.
Articulate the importance of AP/AR for a company's financial health.