IFS Financials - Accounts Payable
ABOUT THIS COURSE
This course provides a comprehensive understanding of the Accounts Payable functionality of IFS Financials related to the IFS Applications. This is also one of the courses towards gaining the IFS Certified Practitioner accreditation for Financials Consultants. It enables students to cover and prepare the Accounts Payable specification topics for “IFS Practitioner Consultant - Financials” 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.
- Overview Accounts Payable and Supplier Invoicing
- Basic Data for Supplier Invoicing
- Invoice Types
- Processing an Invoice
- Supplier Debit/Credit notes
- Supplier Advance invoicing
- E-Invoice and Posting Proposals
- Authorizing Supplier Invoice
- Invoice Cancellation
- Supplier Payment
- Accounts Payable Follow Up & Analysis
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
Knowledge: Perfect understanding of the accounting in business processes, company set up, accounts, code parts and posting controls.
Courses: IFS Applications 10 Essentials, General Ledger
Inquire
IFS Academy Inquiry Text
Track:
- Consultants
IFS Applications Version:
- IFS Applications 10
Certification:
- Practitioner
Module:
- IFS Financials