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4 - AAU - Accounting and Financial Auditing

AAU 145 - Invoices Management Techniques

Code Start Date Duration Venue
AAU 145 02 October 2023 5 Days Istanbul Registration Form Link
AAU 145 27 November 2023 5 Days Istanbul Registration Form Link
AAU 145 18 December 2023 5 Days Istanbul Registration Form Link
Please contact us for fees


Course Description

The invoice is the sheet of paper that guarantees the rights of both the supplier and the customer. Therefore, it should be kept clear, safe, and reachable. The process of managing invoices as soon as they arrive until they are disbursed when due goes through certain steps. In this course, participants will learn the skills needed to check invoices, and manage them whether their organizations were big or small. 

Course Objectives

  • Creating management workflows
  • Capturing invoices from any format quickly and accurately
  • Developing appropriate channels and processes for handling invoices 
  • Eliminating late payments and manage cash outlays
  • Streamlining purchase requests and automating approvals

Who Should Attend?

  • Accountants 
  • Project managers 
  • Auditors 
  • Consultants
  • Partners
  • Business people 

Course Details/Schedule

Day 1

  • Definition of an invoice
  • Benefits of invoicing  
  • Breaking down invoices 
  • Invoice date 
  • Invoices and accounts payables
  • Invoices and internal controls

Day 2

  • Different types of invoices 
  • Tax invoices 
  • Invoice processing procedures
  • Best practices in invoices management 
  • Payment process flow chart
  • Properly prepared invoice

Day 3

  • Prompt payment vs. late payment 
  • How to avoid interest
  • Accruals
  • Minimizing the Ratio of Accounts Receivable Days
  • Centralized accounts payable processing 

Day 4

  • Determining the accrual amount
  • Examination and cancellation of invoice
  • Lost invoice
  • Safekeeping of invoices
  • Accepting tax inspection

Day 5

  • Invoice automation 
  • Scope and benefits
  • Top automation priorities
  • Online invoice and invoicing 
  • Online payment