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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 |
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