Tally- Accounts Payable and Receivable Management

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Accounts Payable and Receivable Management

The specialization course on Accounts Payable and Receivable management covers step-by-step instructions from fundamentals of credit management to managing outstanding management using real business scenarios – it includes Usage of Bill-wise entry in Purchase and Payment Voucher, Sales and Receipts, Sales Returns, Purchase Returns, defining credit limits, Generating Reminder Letter, Generating Confirmation of Accounts, Payment Performance of Debtors, Ageing Analysis of Outstanding.

The course is enriched with numerous real-life business scenarios, charts, screenshots, observations, solved illustrations, and practice scenarios on TallyPrime. It is structured in a blended format which gives you the flexibility to learn at your own pace while getting help from experts. As a certified Accounts Payable and Receivable Management you get an edge among your fellow competitors in the job market.

• Accounts receivable and accounts payable, what are they? how they are created in the business and how we can record them in the books of accounts.

• Process of Accounts Receivable beginning from the Invoicing till the end where the payment received from receivables.

• The process of Accounts Payable begins from receiving the goods or services till the end where their account is settled by paying them.

• The practice of recording Accounts payable in TallyPrime. Bill-wise entry in Purchase and Payment voucher, defining credit limits, reporting of accounts payable, etc.

• The practice of recording Accounts receivable in TallyPrime. Bill-wise entry in Sales and Receipt voucher, defining credit limits, reporting of accounts receivable, Payment Performance of Debtors, Ageing Analysis of Outstanding, etc.

• The Practices of Usage of Bill-wise entry in Purchase, Sales, Sales Returns, Purchase Returns, Generating Reminder Letter, Generating Confirmation of Accounts, etc.

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