Bundle
Best Practices for Invoice Handling
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Credit Diamond
Course Description

This course is a short and to-the-point overview of invoice handling.  It is intended for financial professionals eager to understand the best practices for the invoice handling function and how critical it is for those organizations concerned about their profitability.  The course explains how poor practices in invoice handling result in excess cost, duplicate payments, increased processing expenses, fraud, and frayed vendor relationships. This course presents information the professional can use to identify best practice problems. Industry expert Mary S. Schaeffer explains the invoice issues. She then reveals the best practices for a myriad of these problems as well as identifying the best practices for those cases where it is not possible to use the best practice and the worst practices which are likely to cause trouble.  

Learning Objectives
  • Objective 1
    • Create effective invoice receipt practices.
    • Establish effective data entry rules for invoice processors.
    • Construct best practice invoice handling routines.
    • Define effective practices when short-paying invoices.
    • Develop stands for handling unidentified invoices.
    • Establish a process for managing discrepant invoices.
  • Instructional Delivery Method
    QAS Self Study
  • Course Format
    PDF / Text
  • Prerequisite
    None
  • Field of Study
    Accounting
  • Level of Knowledge
    Overview
  • Recommended CPE Credit
    1.00
  • CPE Final Exam Required Passing Grade
    70.00%
  • Advanced Preparation
    None
  • Course Reviewed / Updated
    01/06/2023
  • Course Author
    Mary S. Schaeffer, MBA
Please Note:

Please Note: This course must be completed within 12 months of date of receipt of this course for CPE credit.

Questions? Get some help
888.656.5334 | help@cpenation.com