Course description

Sage 300 Accounts Payable provides a feature-rich solution including tools to help you automate the elements of processing your payables—creating a requisition process that is effective, efficient, and accurate. With Accounts Payable you can prevent duplicate payments, pay for only the goods and services you order and receive, and maximize supplier discounts. Easily track detailed information on your vendors and suppliers. Utilize credit terms tracking and aging reports that provide insight into who needs to be paid and when they should be paid to take advantage of discounts. Easily import transactions, set up recurring payments, utilize customized fields (optional), and more. The seamless integration within the Sage 300 solution provides the data integrity and security needed to enforce limitations on data access and keeps you compliant with audit regulations such as GAAP, IFRS, and SOX.

What will i learn?

• Setting up Accounts Payable This session will provide you with a quick review understanding of the setup of Accounts Payable and how it relates to performance. You will learn how to change settings to suit your specific accounting requirements, and how to make the most of some optional setup features to ease your data entry load.
• Printing all the Set-up Reports In this session, you will learn about the many reports and report options relating to the setup of Accounts Payable. You will learn how to use the report criteria to access the information that you need, and how the reports will help you to manage your setup and maintenance process.
• Managing Vendor Information In this session you will learn how to maintain vendor records. Including adding, editing, and deleting vendor groups and vendor records. You will be able to create alternative remit‐to locations remit‐to addresses for payments if it is different from the address in the vendor record.
• Printing Vendor Reports In this session learn how to print lists of the vendor groups, vendors, remit-to locations, and recurring charges in your Accounts Payable system. You will learn how to use the report criteria to access the information that you need, and how the reports will help you to manage your vendors more accurately.
• Accounts Payable Transactions In this session you will learn how to enter vendor invoices, credit notes, and debit notes using the Invoice Entry form. You will learn about entering, posting, and reporting payments for vendors, manually or through create payment batch, and also adjust documents in vendor accounts.
• Accounts Payable Transactions Reports Learn to print reports in the A/P Transactions Reports folder to maintain your audit trail and to analyze Accounts Payable data.
• Periodic Processing In this session you will learn how to use the processes located in the Periodic Processing folder to complete the various processing and reporting tasks you perform periodically or at regular intervals in your Accounts Payable system.