CPDlive Webinar 24 2023:Managing your purchase ledger

A one-hour session to consider how best to manage your purchase ledger, including:

• Understanding requisition
• Supplier selection – the how and why
• Identify the benefits of creating a Purchase Order (PO)
• Understand the importance of Good Received Notes
• Explore the accounting transaction booked when a Goods Receipt is posted to a Purchase Order
• Recognise the pros and cons and differences between PO and Non-PO invoices.
• Understand the 3-way matching process used by accounts payable and the issues we face
• The administration processes
• What can go wrong