IFS Financials - Accounts Payable


This is one of the courses towards gaining the IFS Certified Specialist accreditation for Consultants. It enables students to cover and prepare all of the examination specification topics for the Accounts Payable exam.

Target Audience

Those who need to identify and state the essential decisions to be made, basic data to be created and processes involved in the Accounts Payable in support of IFS Financials in IFS Applications.
  1. Overview Accounts Payable and Supplier Invoicing
  2. Basic Data for Supplier Invoicing
  3. Invoice Types
  4. Processing an Invoice
  5. Supplier Debit/Credit notes
  6. Supplier Advance invoicing
  7. E-Invoice and Posting Proposals
  8. Authorizing Supplier Invoice
  9. Invoice Cancellation
  10. Supplier Payment
  11. Accounts Payable Follow Up & Analysis

At the end of this course, the students will be able to:

  • Enter a supplier invoice
  • Demonstrate e-invoice functionality
  • Match a supplier invoice with a purchase order and subcontractor certificate
  • Create debit/credit notes for a Supplier
  • Manage the authorization for payment
  • Handle Supplier Advance Invoicing
  • Handle different supplier invoice types
  • Handle different supplier payment types
  • Understand the queries and reports

Knowledge: Perfect understanding of the accounting in business processes, company set up, accounts, code parts and posting controls.

Courses: IFS Fundamentals, Accounting

Exams: IFS Fundamentals (recommended)


IFS Academy Inquiry Text


  • Consultants

IFS Applications Version:

  • IFS Applications 10


  • Specialist


  • IFS Financials

Course ID:



1.5 days