An accounts payable department has many responsibilities to fulfill to ensure that payments to suppliers are made on time and the needs for flexibility in the organization are met:

Managing Supplier Relationships

The accounts payable department is responsible for creating and maintaining a partnership with each supplier to ensure that all terms and conditions of the relationship are met.

Processing Invoices

The accounts payable department receives invoices and records liabilities and corresponding expenses or assets. Often, the accounts payable department will have to match vouchers with invoices and purchase orders from other departments such as purchasing.

Processing Payments

The accounts payable department ensures that payments are made in the most timely, accurate, and efficient manner possible. Before paying its suppliers, the accounts payable department needs to consider several factors, such as the due date of the invoice, whether a discount can be taken, and the amount of cash on hand versus the amount due to suppliers.

This course precisely covers intricacies in the areas above and aims at:

• Describing JD Edwards EnterpriseOne Accounts Payable (AP).

• Setting up the JD Edwards EnterpriseOne Accounts Payable system.

• Processing procure to pay transactions.

• Performing voucher processing.

• Defining payment processing.

• Processing accounts payable tax information.

• Examining accounts payable data.

Course also provides a Business Case at the end for students to resolve the same. This will bring in improved understanding on tasks that implementers need to take while implementing system in real life.