AR: Track Customer Payments Fast

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AR: Track Customer Payments Fast

Coursera · Intermediate ·💰 FinTech & AI for Finance Professionals ·3mo ago

Key Takeaways

Tracks customer payments using QuickBooks

Original Description

Did you know that 13% of invoice payments to small businesses are made late, costing an average of 16 days for chasing payments? This Short Course was created to help accounting professionals accomplish rapid customer payment tracking and processing. By completing this course, you'll be able to confidently identify critical AR documents, process payments with precision in QuickBooks, and generate aging reports that provide instant visibility into your cash flow. You'll master the foundational skills that transform chaotic payment tracking into a streamlined, efficient system. By the end of this course, you will be able to: Recognize standard Accounts Receivable documents and their respective purposes. Apply customer payments to the appropriate accounts receivable ledger accurately. Prepare comprehensive aging reports for debt categorization and realisability. This course is unique because it combines document recognition expertise with hands-on QuickBooks application, giving you both the conceptual foundation and practical skills to excel in AR management from day one. To be successful in this course, you should have basic familiarity with accounting concepts and access to QuickBooks software.
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