Understanding Purchase Order (Po) Invoice Transactions

0

1

2

3

4

5

Posted on 03 Dec 07:37 | by mitsumi | 23 views

Last updated 8/2020
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 132.41 MB | Duration: 0h 33m

This course addresses the different types of Purchase Orders a Company may have as well as the different matching method

What you'll learn
Recognize the difference between Purchase Order (PO) and Non-PO invoices.
Explore the different types of Purchase Orders a Company may have.
Discover the different invoice to PO matching methods.
Identify the General Ledger accounts that are debited and credited when a PO invoice is processed.
Requirements
Take the following courses
"A Deep Dive into the Responsibilities of Accounts Payable Operations."
Description
The subject of Purchase Order (PO) invoices was covered at a high level in the course titled "A Deep Dive into The Responsibilities of Accounts Payable Operations." This course covers the flow of PO invoices, from the time they are received by a Company to the point they are ready to be paid. This course addresses the different types of Purchase Orders a Company may have as well as the different matching methods. Special attention is given to those areas more prone to mistakes. For examples, some inaccuracies can occur even before an Accounts Payable (AP) Processor is ready to enter the invoice into the system. We learn how to recognize them.The accounting transactions posted when a PO invoice is processed is covered, including the posting of freight and taxes that may be billed on an invoice.
Overview
Section 1: Introduction
Lecture 1 Introduction to PO Invoices
Lecture 2 PO Types and Categories
Lecture 3 Preparing and Processing PO Invoices
Lecture 4 The Accounting Transactions and Correction Methods
Lecture 5 Summary and Conclusion
Section 2: Supporting Materials
Lecture 6 Slides: Understanding PO Invoice Transactions
Lecture 7 Understanding PO Invoice Transactions Glossary/Index
Section 3: Review and Test
Anyone interested in Accounting, Finance, or Bookkeeping.