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Principles of Accounts Payable and Receivable Management
  • Level Professional
  • Duration 35 hours
  • Course by Tally Education and Distribution Services Private Limited
  • Offered by

About

This course is for those interested in starting a career in bookkeeping. The course builds on the knowledge and skills covered in the first course in this professional certificate, Fundamentals of Accounting and Reporting, and dives deeper into accounts payable and receivable management. You will not only learn concepts related to accounts payable and receivable, but also demonstrate the basic concepts of computerized accounting using Tally. Tally is a revolutionary product which has been created with greater flexibility and a new look and feel. By the end of the course, you will be able to: - Classify inventory - Manage accounts receivable and accounts payable - Manage purchase and sales orders - Track costs of purchase - Manage cost and profit centers - Create and maintain budgets using TallyPrime - Generate reports No prior experience in bookkeeping is required. To be successful in this course, you should have completed the first course in this program, Fundamentals of Accounting and Reporting, or have the equivalent skills and knowledge.

Modules

Introduction

    • 2 Videos
    • 1 Readings
Show info about module content

2 Videos

  • Welcome Video - An Overview
  • An Overview of Accounts Payable and Receivable Management

1 Readings

  • Program and Course Overview

Learning Objectives

    • 1 Videos
    • 1 Readings
Show info about module content

1 Videos

  • Learning Objectives

1 Readings

  • Learning Objectives

Introduction of Storage and Classification of Inventory

    • 1 Videos
    • 1 Readings
    • 1 Discussion
    • 1 Assignment
Show info about module content

1 Assignment

  • Introduction of Storage and Classification of Inventory

1 Discussions

  • You can use this Discussion Prompt to introduce yourself.

1 Videos

  • Introduction of Storage and Classification of Inventory

1 Readings

  • Introduction of Storage and Classification of Inventory

Inventory Management

    • 1 Videos
    • 1 Readings
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1 Videos

  • Inventory Management

1 Readings

  • Inventory Management

Inventory Masters in Tally

    • 9 Videos
    • 2 Readings
    • 1 Assignment
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1 Assignment

  • Inventory Masters in Tally

9 Videos

  • Introduction to Inventory Masters
  • Company Creation in Tally
  • Introduction of Capital into a Business 
  • Overview of Inventory Masters Creation
  • Creation of Stock Group
  • Creation of Stock Category
  • Creation of Unit
  • Creation of Stock Item
  • Creation of Godown

2 Readings

  • Introduction to Inventory Masters
  • Creation of Inventory Masters in Tally

Tracking of Movements of Goods in Batches/Lots-Part A

    • 8 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Tracking of Movements of Goods in Batches/Lots-Part A

8 Videos

  • Overview of Tracking of Movements of Goods in Batches/Lots
  • Activation of Batches/Lots for Stock Items
  • Allocating Batch/Lot Details in Purchase Invoice- Allocation of Batch/Lot Details
  • Allocation of Batch/Lot Details in Purchase Invoice-Recording of Transaction
  • Allocation of Batch/Lot Details in Purchase Invoice-Activity
  • Selling of Stock Items from Batch/Lot
  • Identifying of Expired Batch in Sales Invoice
  • Returning of Expired Batch Stock Items

1 Readings

  • Tracking of Movements of Goods in Batches/Lots-Part A

Tracking of Movements of Goods in Batches/Lots-Part B

    • 3 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Tracking of Movements of Goods in Batches/Lots-Part B

3 Videos

  • Overview of Batch Reports
  • Batch Voucher Report
  • Batch Summary Report

1 Readings

  • Tracking of Movements of Goods in Batches/Lots-Part B

Price Levels and Price Lists

    • 5 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Price Levels and Price Lists

5 Videos

  • Overview of Price Levels and Price Lists and Business Scenarios
  • Activating Price Lists and Defining of Price Levels
  • Creation of Price List
  • Price Level & Price List usage in Sales Voucher
  • Revise Price List

1 Readings

  • Price Levels and Price Lists

Conclusion

    • 1 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Graded Assessment-Storage and Classification of Inventory

1 Videos

  • Conclusion

1 Readings

  • Conclusion

Learning Objectives

    • 1 Videos
    • 1 Readings
Show info about module content

1 Videos

  • Learning Objectives

1 Readings

  • Learning Objectives

Overview of Accounts Receivable and Payable Management

    • 1 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Overview of Accounts Receivable and Payable Management

1 Videos

  • Overview of Accounts Receivable and Payable Management

1 Readings

  • Overview of Accounts Receivable and Payable Management

Accounts Payable and Receivable

    • 1 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Accounts Payable and Receivable

1 Videos

  • Accounts Payable and Receivable

1 Readings

  • Accounts Payable and Receivable

Maintain Bill-wise Entry

    • 1 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Maintain Bill-wise Entry

1 Videos

  • Maintain Bill-wise Entry

1 Readings

  • Maintain Bill-wise Entry

Activation of Bill-wise Entry Part-A

    • 3 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Activation of Bill-wise Entry Part-A

3 Videos

  • Enabling Bill-wise Entry Feature in Tally
  • Usage of Bill-wise Entry in Purchase and Payment Voucher
  • Usage of Bill-wise entry in Sales and Receipt Voucher

1 Readings

  • Activation of Bill-wise Entry Part-A

Activation of Bill-wise Entry Part-B

    • 5 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Activation of Bill-wise Entry Part-B

5 Videos

  • Usage of Bill-wise entry in Payment and Receipt Voucher
  • Recording of Advance Payment Voucher with Method of Adjustment as Advance
  • Recording of Purchase Voucher and Adjusting Advance Payment
  • Recording of Advance Receipt Voucher with Method of Adjustment as Advance
  • Usage of Bill-wise Entry - On Account

1 Readings

  • Activation of Bill-wise Entry Part-B

Specifying of Credit Limit for Parties

    • 4 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Specifying of Credit Limit for Parties

4 Videos

  • Understanding Credit Limit
  • Specifying Credit Limit for Individual Ledger
  • Specifying Credit Limit for Multiple Ledger
  • Sales Voucher Restriction Based on Credit Limit

1 Readings

  • Specifying of Credit Limit for Parties

Splitting of Credit Sale Into Multiple Bills

    • 2 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Splitting of Credit Sale Into Multiple Bills

2 Videos

  • Splitting the Credit Sales Entry into Multiple Bills
  • Recording Transactions

1 Readings

  • Splitting of Credit Sale Into Multiple Bills

Payment Performance of Debtors

    • 1 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Payment Performance of Debtors

1 Videos

  • Payment Performance of Debtors

1 Readings

  • Payment Performance of Debtors

Bills Payable and Receivable Reports in Tally

    • 7 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Bills Payable and Receivable Reports in Tally

7 Videos

  • Generating and Analysing the Receivables and Payables Reports
  • Bills Receivable
  • Ageing Analysis of Outstanding
  • Generating Reminder Letter in Tally
  • Generating Confirmation of Accounts in Tally
  • Bills Settlement
  • Bills Payables

1 Readings

  • Bills Payable and Receivable Reports in Tally

Conclusion

    • 1 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Graded Assessment- Accounts Receivable and Payable Management

1 Videos

  • Conclusion

1 Readings

  • Conclusion

Learning Objectives

    • 1 Videos
    • 1 Readings
Show info about module content

1 Videos

  • Learning Objectives

1 Readings

  • Learning Objectives

Introduction to Purchase and Sales Order Management

    • 1 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Introduction to Purchase and Sales Order Management

1 Videos

  • Introduction to Purchase and Sales Order Management

1 Readings

  • Introduction to Purchase and Sales Order Management

Purchase Order Processing

    • 7 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Purchase Order Processing

7 Videos

  • Overview of Purchase Order Processing and Business Scenario
  • Recording of Purchase Order
  • Recording of Receipt Note Voucher
  • Recording Rejections Out Voucher
  • Recording Purchase Voucher
  • Recording Debit Note Voucher
  • Recording Payment Voucher

1 Readings

  • Purchase Order Processing

Sales Order Processing

    • 7 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Sales Order Processing

7 Videos

  • Overview of Sales Order Processing
  • Recording of Sales Order in Tally
  • Printing of Quotation
  • Recording Delivery Note Voucher
  • Recording Rejections In Voucher
  • Recording of Sales Voucher
  • Recording Receipt Voucher

1 Readings

  • Sales Order Processing

Order Outstandings

    • 3 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Order Outstandings

3 Videos

  • Sales Order Outstanding
  • Purchase Order Outstanding
  • Pre-Closure of Orders

1 Readings

  • Order Outstandings

Reorder Level

    • 2 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Reorder Level

2 Videos

  • Reorder Level in Tally
  • Display Reorder Status

1 Readings

  • Reorder Level

Godown Transfer in Tally

    • 1 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Godown Transfer in Tally

1 Videos

  • Godown Transfer in Tally

1 Readings

  • Godown Transfer in Tally

Conclusion

    • 1 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Graded Assessment-Purchase and Sales Order Management

1 Videos

  • Conclusion

1 Readings

  • Conclusion

Learning Objectives

    • 1 Videos
    • 1 Readings
Show info about module content

1 Videos

  • Learning Objectives

1 Readings

  • Learning Objectives

Introduction to Tracking Additional Costs of Purchase

    • 1 Videos
    • 1 Readings
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1 Videos

  • Introduction to Tracking Additional Costs of Purchase

1 Readings

  • Introduction to Tracking Additional Costs of Purchase

Additional Cost of Purchases Configuration in Tally

    • 4 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Additional Cost of Purchases Configuration in Tally

4 Videos

  • Configuring Additional Cost of Purchases in Tally
  • Purchase Transaction with Additional Cost Details in Voucher Mode
  • Purchase Transaction with Additional Cost Details in Item Invoice Mode
  • Debit Note Voucher with Additional Cost

1 Readings

  • Configuration of Additional Cost of Purchases in TallyPrime

Conclusion

    • 1 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Graded Assessment-Tracking Additional Costs of Purchase

1 Videos

  • Conclusion

1 Readings

  • Conclusion

Learning Objectives

    • 1 Videos
    • 1 Readings
Show info about module content

1 Videos

  • Learning Objectives

1 Readings

  • Learning Objectives

Introduction to Cost/Profit Centres Management

    • 1 Videos
    • 1 Readings
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1 Videos

  • Introduction to Cost/Profit Centres Management

1 Readings

  • Introduction to Cost/Profit Centres Management

Cost Centre and Cost Categories-Part A

    • 6 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Cost Centre and Cost Categories-Part A

6 Videos

  • Overview of Cost Centre and Cost Categories
  • Activation of Cost Centre
  • Allocation of Expenses and Incomes using Cost Centre- Example, Illustration and Accounting Masters Creation
  • Recording of Payment Voucher
  • Recording of Receipt Voucher
  • Cost Centre Classes (Automatic Allocation)

1 Readings

  • Cost Centre and Cost Categories-Part A

Cost Centre and Cost Categories-Part B

    • 3 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Cost Centre and Cost Categories-Part B

3 Videos

  • Allocation of Expenses to Multiple Cost Centres and Cost Categories-Business Scenario
  • Creation of Cost Category
  • Recording of Transaction and Auto Allocation of Expenses

1 Readings

  • Cost Centre and Cost Categories-Part B

Cost Centre Reports

    • 5 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Cost Centre Reports

5 Videos

  • Accessing Cost Centre Reports
  • Category Summary
  • Cost Centre Break-up
  • Ledger Break-up
  • Group Break-up

1 Readings

  • Cost Centre Reports

Conclusion

    • 1 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Graded Assessment-Cost/Profit Centres Management

1 Videos

  • Conclusion

1 Readings

  • Conclusion

Learning Objectives

    • 1 Videos
    • 1 Readings
Show info about module content

1 Videos

  • Learning Objectives

1 Readings

  • Learning Objectives

Introduction to Budgets and Scenarios

    • 1 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Introduction to Budgets and Scenarios

1 Videos

  • Introduction to Budgets and Scenarios

1 Readings

  • Introduction to Budgets and Scenarios

Creation of Budget

    • 1 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Creation of Budget

1 Videos

  • Creation of Budget

1 Readings

  • Creation of Budget

Recording Transactions

    • 1 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Recording Transactions

1 Videos

  • Recording Transactions

1 Readings

  • Recording Transactions

Display Budgets and Variances Reports for Group Budget

    • 1 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Display Budgets and Variances Reports for Group Budget

1 Videos

  • Display Budgets and Variances Reports for Group Budget

1 Readings

  • Display Budgets and Variances Reports for Group Budget

Scenario Management

    • 3 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Scenario Management

3 Videos

  • Overview of Scenario Management and Business Scenario
  • Creation of Scenario
  • Temporary Inclusion of Reversing Journal Voucher In the Reports

1 Readings

  • Scenario Management

Conclusion

    • 1 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Graded Quiz-Budgets and Scenarios

1 Videos

  • Conclusion

1 Readings

  • Conclusion

Learning Objectives

    • 1 Videos
    • 1 Readings
Show info about module content

1 Videos

  • Learning Objectives

1 Readings

  • Learning Objectives

Introduction to Generating & Printing Reports

    • 1 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Introduction to Generating & Printing Reports

1 Videos

  • Introduction to Generating & Printing Reports

1 Readings

  • Introduction to Generating & Printing Reports

On the Fly Reporting

    • 4 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • On the Fly Reporting

4 Videos

  • On the Fly Reporting
  • Bird’s eye View/Drill Down Display
  • Drill Down Display
  • Date/Period Based Reporting & Comparing

1 Readings

  • On the Fly Reporting

Inventory Reports

    • 5 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Inventory Reports

5 Videos

  • Overview of Inventory Reports
  • Stock Summary
  • Godown-wise Stock Availability
  • Movement Analysis
  • Stock Query

1 Readings

  • Inventory Reports

Financial Reports

    • 3 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Financial Reports

3 Videos

  • Overview of Financial Reports
  • Balance Sheet
  • Profit & Loss A/c

1 Readings

  • Financial Reports

Books & Registers

    • 3 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Books & Registers

3 Videos

  • Overview of Books & Registers
  • Sales Register
  • Purchase Register

1 Readings

  • Books & Registers

Printing of Invoice and Report

    • 1 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Printing of Invoice and Report

1 Videos

  • Printing of Invoice and Report

1 Readings

  • Printing of Invoice and Report

Conclusion

    • 1 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Graded Assessment - Generating & Printing Reports

1 Videos

  • Conclusion

1 Readings

  • Conclusion

Capstone Project - Accounts Payable & Receivable Management

    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Accounts Payable and Receivable Management - Capstone Project

1 Readings

  • Accounts Payable & Receivable Capstone

Auto Summary

This comprehensive course, "Principles of Accounts Payable and Receivable Management," is perfect for aspiring bookkeepers. Building on fundamental accounting concepts, it delves into managing accounts payable and receivable, using Tally for computerized accounting. You'll learn to classify inventory, manage orders, track costs, and create budgets. Suitable for professionals, it requires no prior experience but benefits from foundational knowledge. Offered by Coursera, it provides flexible subscription options and spans 2100 minutes, making it ideal for dedicated learners in business and management.

Tally Education and Distribution Services Private Limited
Instructor

Tally Education and Distribution Services Private Limited