IFS Financials - Accounts Payable

ABOUT THIS COURSE

This is one of the courses towards gaining the IFS Certified Specialist accreditation for Consultants. It enables students to cover and prepare all of the examination specification topics for the Accounts Payable exam.

Target Audience

Those who need to identify and state the essential decisions to be made, basic data to be created and processes involved in the Accounts Payable in support of IFS Financials in IFS Applications.

Lessons

  1. Overview Account Payable and Supplier Invoicing
  2. Basic Data for Supplier Invoicing
  3. Invoice Types
  4. Processing an Invoice
  5. Supplier Debit/Credit notes
  6. Supplier Advance invoicing
  7. E-Invoice and Posting Proposals
  8. Authorize an Invoice
  9. Cancel an Invoice
  10. Supplier payments
  11. Accounts Payable Analysis

Objectives

At the end of this course, the students will be able to:

  • Enter a supplier invoice
  • Demonstrate e-invoice functionality
  • Match a supplier invoice with a purchase order and subcontractor certificate
  • Create debit/credit notes for a Supplier
  • Manage the authorization for payment
  • Handle Supplier Advance Invoicing
  • Handle different supplier invoice types
  • Handle different supplier payment types
  • Understand the queries and reports

Prerequisites

Knowledge: Perfect understanding of the accounting in business processes, company set up, accounts, code parts and posting controls.

Courses: IFS Fundamentals, Accounting

Exams: IFS Fundamentals (recommended)

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Track:

  • Consultants

Certification:

  • Specialist

Module:

  • IFS Financials

Course ID:

CS90FINAP

Duration:

1.5 Days

Type of Course:

  • Workshop