CSBM 1140 Accounts Payable for Small Business

Description

Accounts Payable for Small Business covers the process of computerizing business records using Accounts Payable software. The student will be able to track purchases, pay bills, manage cash flow and print reports using the selected software.

Management Credits

3

Prerequisite

Student is a business owner, employee or entrepreneur or by special permission of the instructor.

Topics to be Covered

1. Set-up, implement and maintain a computerized accounts payable system

Learning Outcomes

1. Install and configure the accounts payable software program

2. Develop accounts payable procedures for entry into the software program

3. Enter complete vendor data

4. Input bills/expenses into the accounts payable software program

5. Monitor accounts payable balances with software aging reports

6. Determine cash flow needs for the business

7. Write checks on the accounts payable software program to pay bills timely

8. Analyze business performance with software reports