Account Payables Training: Empowering Your Team for Success

Ambit Tax & Accounting14 Feb, 2024Finance

Importance of mastering Accounts Payable fundamentals. -It's really important for AP pros to know the basics well. They need to understand the whole process of paying invoices, recognize different types of invoices and payment terms, and know the right accounting principles. They should also be familiar with various ways of making payments, like online or by check, and know the best practices and risks for each. 1)Managing Accounts Payable 2)Master Vendor File 3)Accounts Payable Processes 4)Payments 5)Payment Methods 6)Fraud Prevention