Need A Financial Product › Forums › Career in Finance › Knowledge required in a job profile with Accounts payable department › Knowledge-required-in-a-job-profile-with-Accounts-payable-department_REPLY
October 9, 2014 at 3:43 pm
#47755
samkapoor77Keymaster
Employees in accounts payable department are responsible for processing and coding invoices, credit notes and receipts; drafting budgets; reporting on income and expenditure; following up outstanding payments; verifying bank transactions; preparing ledgers; trial balance and financial statements. All these tasks definitely require accounting knowledge. At least an average level knowledge is required to work in this department.