Accounts Payable Webinar
Accounts Payable is the obligations that a bank owes to its vendors for services or the purchase of goods.
Employees at a bank that are responsible for accounts payable activities oversee many tasks including organizing receipts and invoices, initiating the payments timely, creating general ledger tickets, issuing payment, reporting and IRS reporting considerations where applicable.
McM Accounts Payable allows for these activities in a more uniformed and automated way. Benefits include elimination of manually keeping sub-ledgers of vendors and their payments, manually keeping up with when a payment is due, manually issuing payments by typing expense checks, and creation of general ledger items reflecting payment and expenses.
Who should take this class?
This three hour webinar class is designed for the new employee responsible for the A/P process or for review and cross training of employees currently performing these functions.
What will be covered?
- A/P Header Setup
- Check List for A/P processing
- Vendor Setup/Maint
- Temporary Vendors
- Voucher Input/Maint
- Open Voucher List
- Viewing A/P History
- Copy A/P and Update A/P process
- Merge G/L Transactions
- Printing and Review of Check Register
- Printing Checks
- Quarterly Use Tax Report
- Rebuild Considerations