What you'll learn

Accounts Payable Course

Overview

This course equips participants with the skills to manage accounts payable in Onfinity, ensuring accurate recording, reconciliation, and reporting of vendor transactions while supporting efficient and compliant financial operations.

Course Objectives

• Record, manage, and process AP Invoices, Credit Memos, and Payments, including discounts and allocations.
• Create and manage Payment Batches, manual payments, and schedule splitting.
• Ensure accuracy, compliance, and efficiency in all Accounts Payable operations in Onfinity.

Topics Covered

• Direct Accounts Payable (AP) Invoice
• Landed Cost AP Invoice
• Direct AP Credit Memo
• AP Credit Memo with Discount
• Direct AP Payment
• Advance AP Payment
• Check Payment via Payment Form
• Cash Payment via Payment Form
• Payment Batch Creation Based on Rules
• Payment Batch Creation Based on Selection
• Manual Payment via Payment Form
• Schedule Splitting via Payment Form
• Payment Allocation Scenario - Against Purchase Orders/AP Invoices
• Payment Allocation Scenario - Against GL Journals