Accounting, Invoicing & Deductions
Overview
Understanding Walmart Accounting and EDI is important for all suppliers doing business with Walmart. In this course, you will gain relevant and useful information to help you create accurate invoices, research deductions and maximize your payment from Walmart. Additionally, you will leave with a set of tools to help you receive payments in a more timely manner.
In this course, you will learn:
- How the Walmart Payables system works
- What is EDI?
- EDI expectations
- Purchase order best practices
- Invoicing best practices
- How to avoid deductions
- Deduction reduction: research and resolution
- Deduction pay back
- Invoice inquiry and Retail Link®
- How to handle post-audit deductions
- Utilization of the Accounting Scorecard
- What is EFT?
Note: We strongly advise the use of dual monitors for webinars. If this is not possible, we suggest printing the class notes prior to attending.
An understanding of Retail Link® is required for this class.
Participants must have authorized access to Retail Link® (ID and Password).
