When will I have access to the lectures and assignments?

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

What will I get if I subscribe to this Certificate?

When you enroll in the course, you get access to all of the courses in the Certificate, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.

Accounts Payable and Receivable Workflow Management

4 days left! Save on skills that make you shine with 40% off 3 months of Coursera Plus. Save now

Accounts Payable and Receivable Workflow Management

This course is part of Accounting Assistant Professional Certificate

Instructor: Professionals from the Industry

Included with

Learn more

9 modules

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

7 hours to complete

Flexible schedule

Learn at your own pace

9 modules

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

7 hours to complete

Flexible schedule

Learn at your own pace

What you'll learn

Build complete AP/AR workflow systems including three-way match controls, payment processing, and compliance documentation.
Create automated invoice templates with tax calculations and generate aging reports for effective cash flow management.
Document end-to-end financial processes and implement standardized procedures for accounts payable and receivable operations.
Master Excel automation for invoice creation and QuickBooks for payment tracking to streamline accounting workflows.

Skills you'll gain

Tools you'll learn

Accounting Software

Details to know

Shareable certificate

Add to your LinkedIn profile

See how employees at top companies are mastering in-demand skills

Learn more about Coursera for Business

logos of Petrobras, TATA, Danone, Capgemini, P&G and L'Oreal

Build your Business Essentials expertise

This course is part of the Accounting Assistant Professional Certificate

When you enroll in this course, you'll also be enrolled in this Professional Certificate.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate from Coursera

There are 9 modules in this course

Learn essential accounts payable and receivable workflows through hands-on practice with real-world scenarios. You'll learn to implement the three-way match process for procurement controls, manage customer payment processing and aging reports, create compliant invoices with automated tax calculations, and document complete AP/AR workflows.

This integrated approach combines foundational accounting procedures with practical software skills, preparing you to handle the full procure-to-pay and order-to-cash cycles. Perfect for accounting clerks, bookkeepers, and finance professionals who need to standardize their AP/AR processes. You'll work with QuickBooks for payment tracking, Excel templates for invoice creation, and develop professional process documentation. By the end, you'll have created a complete workflow management system that demonstrates your ability to maintain accurate financial records, ensure compliance, and optimize cash flow management in any business environment.

Module details

You will learn about the foundational financial control system that protects organizations from fraud and unauthorized payments by systematically verifying consistency across purchase orders, receiving reports, and vendor invoices.

What's included

3 videos2 readings1 assignment

3 videosTotal 19 minutes

Three-Way Matching Protects Your Organization's Financial Integrity3 minutes
The Three Essential Documents in Financial Verification7 minutes
Step-by-Step Document Comparison for Accurate Verification9 minutes

2 readingsTotal 16 minutes

Common Payment Fraud Schemes and How Three-Way Matching Prevents Them10 minutes
Automated Three-Way Matching in Microsoft Dynamics 3656 minutes

1 assignmentTotal 3 minutes

Three-Way Match Verification Knowledge Check3 minutes

You will learn the systematic procedures for accurately entering vendor invoice data into accounting systems while maintaining proper verification controls and ensuring timely payment processing.

What's included

1 video2 readings3 assignments

1 videoTotal 9 minutes

Essential Data Fields and Accuracy Requirements for Invoice Entry9 minutes

2 readingsTotal 18 minutes

Common Data Entry Errors and Prevention Strategies10 minutes
Setting Up and Configuring QuickBooks for Invoice Processing8 minutes

3 assignmentsTotal 30 minutes

Processing Complete Invoice Batch with Verification Procedures13 minutes
Invoice Data Entry Procedures Knowledge Check2 minutes
Comprehensive Invoice Processing Mastery Assessment15 minutes

You will learn the identification and purpose of critical AR documents that form the foundation of accurate payment processing and financial record-keeping.

What's included

2 videos1 reading1 assignment

You will learn the practical skills of processing customer payments in QuickBooks and generating aging reports that provide strategic visibility into cash flow patterns and collection priorities.

What's included

2 videos1 reading3 assignments

2 videosTotal 11 minutes

Accurate Payment Processing Builds Business Success5 minutes
Aging Report Structure and Business Applications6 minutes

1 readingTotal 8 minutes

Payment Application Fundamentals for AR Success8 minutes

3 assignmentsTotal 35 minutes

Real-World Payment Processing Challenge18 minutes
Payment Processing and Aging Reports Knowledge Check2 minutes
Comprehensive AR Management Assessment15 minutes

You will learn the legal and regulatory requirements for invoice compliance by identifying all mandatory data fields and understanding their importance for proper business documentation.

What's included

2 videos2 readings1 assignment

2 videosTotal 11 minutes

Why Invoice Compliance Matters in Professional Accounting3 minutes
Legal Requirements for Sales Invoices: A Practical Guide8 minutes

2 readingsTotal 14 minutes

Mandatory Invoice Data Fields: Legal Requirements and Best Practices8 minutes
Systematic Invoice Compliance Verification: A Professional Walkthrough6 minutes

1 assignmentTotal 6 minutes

Invoice Requirements Knowledge Check6 minutes

You will implement functional spreadsheet invoice templates with automated calculations, ensuring professional invoice creation with accurate tax formulas and efficient business processes.

What's included

2 videos1 reading3 assignments

2 videosTotal 14 minutes

The Power of Automated Invoice Templates in Professional Practice4 minutes
Excel Invoice Template Components: Structure and Design11 minutes

1 readingTotal 7 minutes

Spreadsheet Formula Fundamentals for Invoice Automation7 minutes

3 assignmentsTotal 30 minutes

Create Your Professional Invoice Template with Automated Calculations15 minutes
Spreadsheet Automation Knowledge Check5 minutes
Complete Invoice Template Creation and Implementation10 minutes

You will understand the fundamental components and sequence of accounts payable processes to establish a foundation for systematic invoice processing

What's included

2 videos2 readings1 assignment

You will implement systematic procedures for processing vendor invoices using digital capture tools and standardized coding practices

What's included

3 videos2 readings2 assignments

3 videosTotal 20 minutes

Essential Digital Capture Tools for Invoice Processing7 minutes
OCR Tools and Digital Invoice Capture Walkthrough6 minutes
GL Coding Best Practices and Approval Routing Setup7 minutes

2 readingsTotal 12 minutes

Digital Transformation in Accounts Payable Processing5 minutes
Best Practices for Invoice Coding and Classification7 minutes

2 assignmentsTotal 13 minutes

Digital Invoice Processing Knowledge Check3 minutes
Comprehensive Invoice Processing Assessment10 minutes

You will create a comprehensive accounts payable and receivables process documentation package that demonstrates their ability to handle end-to-end financial transaction processing. This project integrates invoice processing, payment matching, customer payment tracking, and compliant invoicing skills into a realistic workplace scenario.