The topics covered in this course will provide a comprehensive overview IFS Accounts Payable. We will discuss basic data requirements and options, posting control, supplier invoicing and payments.
This course is designed for accounting personnel focusing in on Accounts Payable and employees responsible for payables basic data set-up and maintenance.
It is assumed that participants have a working knowledge of IFS navigation and practical knowledge of general accounting practices.
This session is designed to ensure that you are aware of all required basic data set-ups required in order to invoice and pay suppliers within IFS as well as to understand the basic accounts payable processes used in the US and Canada. We will create supplier invoices and match one to a PO; view variances, tolerances, and discounts; and discuss 1099-Misc. income tax reporting, checks, payment terms and instalments.
Topics covered will enable the participant to:
Spring IFS InFocuS User Group Meetings
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