IFS/Accounts Payable

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.

Who Should Attend?

This course is designed for accounting personnel focusing in on Accounts Payable and employees responsible for payables basic data set-up and maintenance.

Prerequisites

It is assumed that participants have a working knowledge of IFS navigation and practical knowledge of general accounting practices.

Length

2 days

Course Description

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 installments.

Topics covered will enable the participant to:

• Set up and manage the Posting Controls associated with AP
• Create Suppliers
• Set-up A/P Basic Data
• Create Supplier Invoices
• Process Supplier Invoices through payment into the GL 

For additional information, contact:

Kevin Curtis
Phone: (520) 396-2141
E-mail: training@ifsna.com