Purchase Ledger

What's included:

• Eligibility to earn a CPD & QLS endorsed certificate.
• Fully Online Recorded Class
• 24/7 & Lifetime Access
• Online support
• No hidden fees

Understanding the purchase ledger is a vital part of any efficient finance department. This course delves into the key functions of managing the purchase ledger, including handling invoices, verifying supplier details, and ensuring timely payments. Keeping track of the purchase ledger is crucial for maintaining accurate accounts payable records, controlling cash flow, and building strong supplier relationships. Through this course, you’ll explore the processes that govern purchase transactions from receipt to reconciliation, ensuring nothing slips through the cracks.

The role of purchase ledger management extends beyond simple bookkeeping; it requires organisation, attention to detail, and a clear grasp of company policies on purchase orders and payment schedules. Whether you’re an aspiring finance assistant or someone keen to sharpen your understanding of purchase systems, this course offers clear guidance and structured learning. It highlights the importance of accuracy in purchase records, reducing errors, and supporting the overall financial health of a business.

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Learning Outcomes

• Understand the full cycle of the purchase ledger process clearly.
• Manage supplier invoices and payments accurately in purchase ledgers.
• Reconcile purchase accounts and maintain up-to-date financial records.
• Identify common errors in purchase ledgers and how to resolve them.
• Implement best practices for efficient purchase ledger management.

Who is this course for?

• New finance assistants managing company purchase ledgers daily.
• Small business owners who oversee their own purchase records.
• Office managers responsible for purchase documentation and invoicing.
• Accounts clerks seeking to improve purchase ledger accuracy and speed.
• Anyone interested in understanding the purchase ledger role better.

Career Path: UK Roles and Average Salaries

• Accounts Payable Clerk – £24,000 per year
• Purchase Ledger Clerk – £22,000 per year
• Finance Assistant – £26,000 per year
• Accounts Supervisor – £32,000 per year
• Procurement Officer – £30,000 per year
• Financial Controller – £50,000 per year

Certification

Upon successful completion of the course and its assessment, you can obtain the certificate for a small additional fee. You can check the certificate fees and related details from the following link: https://www.oneeducation.org.uk/certificate/. You may also request a hard copy certificate, which will be posted to your preferred address for a small additional fee.