Certificate of Accounts Payable and Receivable

• Check accuracy
• Document details
• Errors and discrepancies
• Manual journal system
• Cash transactions
• Cash receipts journal
• Chart of accounts
• Accounting equations
• GST and GST calculations
• Cash and accrual system
• Policies and procedures
• Legislation requirements
• Total credit journals
• Cash journals
• Bank reconciliations
• Manual journal
• Identify discrepancies
• Preparing reconciliation reports
• Accounts payable and receivable systems
• Accrual accounting
• Trading account
• Preparing schedules
• Creditor’s ledger
• Process payments
• Reconciling accounts payable
• Accuracy of information
• Discrepancies and errors
• Prepare statements
• Check statements
• Preparing a statement
• Overdue amounts
• Rectify discrepancies
• Follow up outstanding accounts
• Accounts receivable ledger system
• Age-analysis of accounts receivable
• Collection procedures
• Debtor’s statement
• Monitor and review credit terms
• Overdue amounts to be paid
• Cash on Delivery (COD)
• Closing customer accounts

• Accounts receivable process
• The basic rules of accounting
• Entering cash transactions
• Identify incorrect entries
• Accrual accounting
• Discrepancies
• Source documents
• Verify bad and doubtful debts
• Reviewing debtor ledger
• Australian consumer law
• Reporting procedures
• Organisational policy
• Plan recovery action
• Default of trading terms
• Collection process
• Exhausted recovery avenues
• Register of invoice disputes
• Debt recovery plan
• Legal action
• Legislative requirements
• Code of ethics, practice and conduct
• Rectify invoice discrepancies
• Request payment authorisation
• Financial services reform legislation (FSR)
• Australian Prudential Regulation Authority (APRA)
• Creditor payments
• Documentation
• Reconcile outstanding balances
• Reporting
• Profit and loss statement
• Assets and liabilities statement
• Outstanding balance statements
• Bank reconciliations

• Collect and record monies
• Status of debt
• Good credit policy
• Types of credit
• Developing a credit policy
• Accounts receivable reports
• Doubtful or bad debts
• Reports
• Legislative requirement
• Ethics – social responsibility
• Records and disclosure
• Data quality and security
• Record transactions
• The rules
• Allocating and recording transactions
• Collection and checking
• Invoices
• Journal entries
• Bad debt account
• Debtors ledger
• Maintain customer records
• First call resolution (FCR)
• Compliance terms and conditions
• Customer breaches
• Outstanding accounts
• 7 day credit terms
• Resolve disputed amounts
• Research dispute
• Complex account enquiries
• Billing adjustments
• Verification of case material
• Invoices and statements
• Preparing a statement
• Overdue amounts
• Identify type of dispute
• Resolve dispute
• Overdue amounts
• Payments terms
• Cash on delivery (COD)
• Close the accounts
• Dealing with credit complaints
• Prioritising clients and stakeholders

When you study with Australian Online Courses, you will be assessed using a competency-based training method.

Competency-based training focuses on the achievement of skills and knowledge against set criteria to meet industry-standard and is not benchmarked against other students’ work.

In this course, the assessment will be comprised of written assignments and exercises, which may include short answer questions, reports, essays, research projects and reflective tasks.

If you do not achieve a competency result on your first attempt, you have two more attempts to pass your assessment. So, you have three attempts in total to obtain a competency result.

In this way, you can complete your course in your own time and at your own pace with the assistance of unlimited tutor support.

• Professional development that is widely recognised and respected;
• Improve your employment opportunities;
• Study online, anywhere via our elearning system;
• High-quality professional development programs written by industry experts;
• No entry requirements;
• All course materials provided online – no textbooks to buy;
• Unlimited tutor support;
• Easy to understand course content;
• Twelve (12) months’ access, with extensions available upon application (fees apply);
• Certificate of Attainment/Completion issued for your CV (hard copy provided); and
• Course may be tax deductible; see your tax advisor.

The approximate study hours for this course is 45 hours. Twelve (12) months’ access, with extensions available upon application (fees apply).

Yes! The cost for printed materials for this course is $50 per unit. Total cost for optional printed materials is: $150.00. Printed materials are optional and not required to complete the course. Everything you need to complete the course is provided online via our e-learning system.

You can start within 60 minutes during business hours when you enrol and pay in full with a credit card!

Credit card: Within 60 mins during business hours.

BPAY: Within 1-2 working days.

Internet Banking: Within 1-2 working days.

Cheque/Money Order: Upon receipt of mailed cheque.

Yes! You will receive a Certificate of Attainment upon successful completion of your assessment.

No. All courses are delivered online via our e-learning system and there are no work placement requirements in this course.

Unlimited tutor support is available throughout your studies via email during business hours Monday to Friday. Our Administrative team are available Monday to Friday via email, live chat and telephone.

Yes! We accept enrolments from individuals both within Australia and internationally; location is no barrier to entry into our programs.