Coursera

Reconciliation, Billing, and Collections Optimization

Coursera

Reconciliation, Billing, and Collections Optimization

Included with Coursera Plus

Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

8 hours to complete
Flexible schedule
Learn at your own pace
Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

8 hours to complete
Flexible schedule
Learn at your own pace

What you'll learn

  • Build three-way matching systems to verify vendor invoices against purchase orders and receipts before payment authorization.

  • Configure automated billing workflows in QuickBooks with recurring invoices, payment reminders, and customer-specific terms.

  • Analyze aged receivables and DSO metrics to prioritize collections while investigating and resolving billing disputes.

  • Reconcile bank statements with internal records and resolve subsidiary ledger discrepancies to ensure financial accuracy.

Details to know

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Recently updated!

March 2026

Assessments

18 assignments¹

AI Graded see disclaimer
Taught in English

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There are 9 modules in this course

You will learn the foundational three-way match control process used to prevent payment errors and fraud by systematically verifying vendor invoices against purchasing documentation before releasing payments.

What's included

2 videos1 reading2 assignments

You will develop skills to systematically reconcile internal financial records with external bank statements, identify and investigate variances, and implement appropriate resolution strategies including adjusting journal entries and external communications.

What's included

2 videos1 reading2 assignments

You will establish systematic documentation practices by attaching digital source documents to financial transactions, creating complete audit trails that ensure accuracy and compliance.

What's included

2 videos2 readings1 assignment

You will systematically identify and resolve imbalances between detailed transaction records and summary accounts, utilizing diagnostic tools and correcting entries to maintain financial accuracy.

What's included

2 videos3 readings3 assignments

You will learn systematic billing policy application for high-volume invoice processing with accuracy and compliance.

What's included

1 video2 readings2 assignments

You will explore aged-receivables analysis and DSO calculation techniques to create data-driven collection strategies that optimize cash flow recovery.

What's included

2 videos2 readings2 assignments

You will learn systematic invoice dispute investigation by analyzing supporting documentation and applying evidence-based resolution frameworks.

What's included

2 videos1 reading2 assignments

You will learn the configuration of automated recurring billing systems with payment reminders to improve cash flow and reduce manual administrative work.

What's included

1 video2 readings3 assignments

You will create a comprehensive accounts payable and receivable management system by integrating reconciliation, billing automation, and dispute resolution skills. This project simulates real-world accounting operations where multiple financial processes must work together seamlessly.

What's included

3 readings1 assignment

Instructor

Professionals from the Industry
238 Courses 35,970 learners

Offered by

Coursera

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¹ Some assignments in this course are AI-graded. For these assignments, your data will be used in accordance with Coursera's Privacy Notice.