Accounts Executive (Accounts Payable and Receivable)
Self-Paced
Fee: ₹499
The Accounts Executive (Accounts Payable & Receivable) course provides comprehensive training in managing financial transactions related to purchasing and sales. Participants will learn to process purchase orders, maintain accurate records in journals, manage supplier and customer relationships, and prepare payment and receipt vouchers. Emphasizing practical skills and theoretical knowledge, this course equips participants with the expertise needed to ensure financial accuracy, compliance, and efficiency within organizational accounting processes.
Objectives
The course objectives for the Accounts Executive (Accounts Payable & Receivable) program aim to equip participants with the essential knowledge and skills necessary to effectively manage financial transactions related to both accounts payable and accounts receivable functions within an organization. Participants will gain proficiency in processing purchase orders, maintaining accurate records in journals, managing relationships with suppliers and customers, and ensuring compliance with financial policies and regulations. This comprehensive training will prepare participants to contribute to the financial health and operational efficiency of their organization through meticulous financial management practices.
The course objectives for the Accounts Executive (Accounts Payable & Receivable) program include mastering the creation and management of purchase orders, proficiently recording transactions in purchase and sales journals, developing effective communication skills with suppliers and customers, and ensuring timely and accurate processing of payments and receivables. Participants will also learn to verify the authenticity of financial documents, prepare payment and receipt vouchers, and maintain meticulous record-keeping practices.
What Will You Learn
In the Accounts Executive (Accounts Payable & Receivable) course, participants will learn essential skills and knowledge to manage and oversee financial transactions effectively. They will gain expertise in processing purchase orders, recording transactions in journals, and managing relationships with suppliers and customers. Participants will also develop proficiency in preparing payment and receipt vouchers, verifying financial documents for accuracy, and adhering to regulatory and organizational financial policies. Ultimately, this training equips individuals to contribute to streamlined financial operations and uphold meticulous record-keeping standards within their organization.
Skills you will gain
Prepare for your career path
A career as an Accounts Executive specializing in Accounts Payable & Receivable involves managing the financial transactions of an organization's purchasing and sales operations. Responsibilities include processing invoices, reconciling accounts, communicating with suppliers and customers, and ensuring timely payments and receivables. This role requires strong attention to detail, proficiency in financial software, and a solid understanding of accounting principles to maintain accurate financial records and support effective decision-making within the organization.
Key Skills to Learn
Proficiency in financial software such as ERP systems, Attention to detail in processing invoices and payments, Effective communication with suppliers and customers, Accuracy in reconciling accounts, Adherence to financial regulations, Strong organizational skills, Ability to prioritize tasks, Analytical thinking for problem-solving.
Jobs in India
2.1L+
Average Salary
2 Lakhs
Job Growth
35.20%
Curriculum
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.PURCHASE ORDER, PURCHASE JOURNAL, SUPPLIER AND PAYMENT
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CUSTOMER PURCHASE ORDER, PAYMENT TERMS, DELIVERY CHALLAN AND SALES JOURNAL
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BOOKING CREDIT PURCHASES IN THE PURCHASE JOURNAL
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BOOKING CREDIT SALES IN THE SALES JOURNAL
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VERIFICATION OF THE DOCUMENTS
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PREPARATION OF PAYMENT VOUCHER
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PREPARATION OF MODE OF PAYMENT
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UPDATING VOUCHER WITH PAYMENT DETAILS
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PREPARING RECEIPT VOUCHER
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PERFORMING THE ACCOUNTING ENTRY
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RECORD KEEPING