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BSBFIA303 Process accounts payable and receivable Release 1 describes the skills and knowledge required to maintain accounts payable and accounts receivable records, including processing payments to creditors and handling overdue accounts receivable. It includes information on how to:
-maintain financial journal systems -prepare bank reconciliations -maintain accounts payable and accounts receivable systems -process payments for accounts payable -prepare statements for accounts receivable -follow up outstanding accounts
It contains learning content, case studies and examples, practice tasks and learning checkpoints.
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