Overview
Expenditure refers to the payment of a sum of money by an organization, arising from a valid commitment or obligation. Payments may arise from procurement activities, such as the purchase of goods and services. Payments may also arise from non-procurement activities, such as payment of salaries. The proper authorizing and recording of expenditures is a key component of financial controls.
The Expenditure Management Course is designed to introduce participants to the expenditure process and provide them with the skills and knowledge necessary to efficiently record expenditures. In addition, participants will learn how to effectively control expenditure costs through the use of proper financial controls.
Course Objectives
- Introduce the Expenditure process
- Learn how to efficiently record expenditures
- Understand how the FreeBalance Accountability Suite™ facilitates the expenditure process
Course Content
- Creating Expense Vouchers
- Generating Reports related to Expenditures
Target Audience
- PFM consultants
- GRP Consultants
- Business Analysts
- Civil Servants
- Policymakers
| Dates | On Demand |
|---|---|
| Length | 0.5 days |
| Pace | Self Paced |
| Fees | $50 (Introductory Price) |
| Language | English |
Related Courses
)
Stores and Inventory Management
The FreeBalance Stores and Inventory Management course is designed to equip individuals with the essential tools and knowledge needed to run efficient, robust, and adaptable warehouse and inventory operations in public sector organizations.
)
Purchasing Management
Purchasing encompasses all activities related to the acquisition of goods, services, and works. A good purchasing and public procurement system ensures that the needs of the end-users in organizations are met while maximizing value-for-money.
)
Contract Management
Overview The FreeBalance Contract Management module is a comprehensive solution designed to streamline and optimize contract management processes in various public sector organizations. This course provides participants with the necessary skills and knowledge to effectively utilize the Contract Management module and gain expertise in managing contracts efficiently. Participants will learn to create, track, and control … Continued