0   reviews on Udemy

Reconciling Aged Open Payables and Outstanding Checks

This course covers the methods for determining what needs to be audited.
Course from Udemy
 0 students enrolled
Explore how aged Open Payables can impact a Company’s financials.
Discover the benefits of reconciling aged Open Payables.
Recognize the impact of outstanding checks on both the Vendors and the Company.
Identify ways for researching then resolving aged Open Payables and Outstanding Checks.

If a Vendor has not received payment for goods or services, it should be their responsibility to perform the work to collect the amounts due, right?  Maybe, but what if the aged Open Payables amounts are Credit Memos representing amounts due to the Company?  What if the amount of an Outstanding Check is an overpayment or was not due to the Vendor for many reasons?

In these cases, it is up to the Company to perform the research then take the necessary action.  In this course, we cover methods for determining what needs to be audited.  Research options and the order of these steps will also be addressed.

The benefit to the Company in performing this work?  Potentially  the recovery of funds due to the Company and/or corrections to costs and liabilities.

Reconciling Aged Open Payables and Outstanding Checks
$ 24.99
per course
Also check at

FAQs About "Reconciling Aged Open Payables and Outstanding Checks"


Elektev is on a mission to organize educational content on the Internet and make it easily accessible. Elektev provides users with online course details, reviews and prices on courses aggregated from multiple online education providers.
DISCLOSURE: This page may contain affiliate links, meaning when you click the links and make a purchase, we receive a commission.