Business Services

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.