Basic accounting principles
- The Standard Accounting System of the company.
- Presentation of the balance sheet and the profit and loss account: focus on accounts payable and charges.
- Accounting chaining: log books; ledger; balance.
- Importance of supporting documents: supplier invoices.
- Related accounts, supplier adjustments.
Hands-on work
Case study Familiarize yourself with the accounts of the supplier’s Standard Accounting System. Put together the accounting documents (logs, balances, etc.).
Accounts payable entries
- Reminder of the accounting mechanisms giving rise to accounts payable.
- Sub-ledger accounting: creation, analysis and monitoring of accounts payable.
- Principles of VAT. Deductible or recoverable on debits and receipts. VAT in France, in the EU and abroad.
- Procurement activities. Fixed assets and charges.
- Accounting for services, fixed assets and purchase of goods. Invoices, credit notes.
- Specific characteristics of purchases abroad. Rebates, allowances and discounts received. Holdback, review of prices.
- Cash. Report and accounting. Payment methods. Discounts received. Exchange-rate differences.
- Impact of economic modernization regulations on supplier payments.
Hands-on work
Case study Calculation of monthly VAT on debits and receipts. Entry of receipts, invoices, credit notes and discounts. Recording of settlements, outcome of supplier debts.
Accounting operations and adjustment entries
- Report and accounting. Invoices and credit notes to be received.
- Prepaid expenses. Translation variations.
- Provisions for risks and charges relating to suppliers.
- Tax statements impacted by the accounts payable.
Hands-on work
Case study Adjustment of charge surpluses or shortfalls via the closure exercise.
Work relating to consistency in accounting
- Clearance and analysis of accounts payable.
- Accounting revision process to ensure that the accounting balances fully reflect reality.
Hands-on work
Case study Identify and resolve clearing tasks.
2d
- 14h00 
