ACCOUNTING, INVOICING & DEDUCTIONS

Need to reduce your deductions and improve your accounting processes? The challenge is that Walmart’s accounting system is complex and is updated frequently.

Learn it here, learn it now — from experts.

 

Dates & Locations
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A thorough review of the entire Walmart accounting process — from vendor agreements to purchase orders to deduction resolution to Walmart’s expectations of suppliers. Up-to-the-minute Retail Link® content. Experienced, dedicated teachers who have your best interest a heart.

In this Walmart accounting class, you will learn new techniques, sharpen your accounting processes and gain in both knowledge and confidence.

Who should take this class:
Claims and acquisition specialists, accountants and accounting administrators, controllers, national account managers, those working in supply chain, sales managers, sales analysts, deduction managers, compliance managers, AP reconcilliators.

This class is intended for domestic suppliers only; it not intended for direct import suppliers.

You Will Learn

The importance of understanding your supplier agreement

Common AP errors and how to avoid them

Invoices

  • General information and best practices
  • The supplier’s responsibility
  • Why invoices are paid incorrectly and at the wrong time
  • Match and Pay invoices
  • What the Accounting Scorecard does and how to use its findings

Everything you need to know about APIS (Accounts Payable Inquiry System)

How to seek support from EBS (Enterprise Business Services) and Genpact

How to create a custom PO Receiving Report and where to locate the NOVA App

How Compliance Programs interfaces with accounting

  • Walmart’s expectations
  • Navigating the OTIF, SQEP, ASN, FMP, and CARS

THIS CLASS RUNS FROM ON TWO CONSECUTIVE DAYS 9 A.M. TO 11 P.M. CENTRAL TIME.

IT IS A LIVE ZOOM MEETING WITH A MAXIMUM OF 10 PARTICIPANTS/INSTRUCTOR.
PRICE: $650

SAVE 10% WHEN YOU PURCHASE 3 CLASSES AT ONE TIME.

Registration closes at 3 P.M. Central Time on the last business day prior to the class. Please use your supplier email address to register.

Meet Your Teacher

Heather Reid worked for Walmart Canada for 22 years prior to joining Canada’s 8th & Walton in 2016. While at Walmart, she organized and facilitated its Retail Link® and various system-training programs for both internal and external Walmart customers. She also facilitated a four-day supplier training session on a bi-weekly basis, teaching over 2,000 suppliers. She has a vast knowledge of Walmart Luminate™, Replenishment (GRS), and is an expert in Retail Link® and in Accounting for both Walmart Canada and Walmart US. In addition to her deep knowledge of retail systems, Heather is an extraordinary teacher. She holds a diploma in Human Resources, Marketing, and Accounting and has held the Canadian Human Resource Leader (CHRL) designation. 

Requirements and Notes

  • Each student must register; one participant per registration.
  • NOTE FOR NEW WALMART SUPPLIERS: In order to produce valid reports, your company should be shipping to Walmart prior to taking this class.
  • During this class, no data is shared, confidentiality is maintained throughout, and proprietary materials of Walmart’s are not distributed.
  • Content for this class is revised frequently — whenever changes or updates occur.
  • Suppliers should have access to Luminate™ and should know Excel before registering for this seminar.
  • Prior to class, you will be sent a Supplement with information pertinent to your class.
  • Within three days after your class, you will receive a Certificate of Completion in your email. Many suppliers post this on LinkedIn because it keeps a profile fresh and exciting as well as up-to-date.
  • 8th & Walton classes and seminars are exclusively for Walmart suppliers; only a supplier who works directly with Walmart may register.
  • With its goal of improving content and presentation, 8th & Walton records each class. This is used strictly for its own edification and then only on an as needed basis. The recordings are not shared outside 8th & Walton. 8th & Walton always treats the privacy of its students, any comments students may make during class, and Walmart’s proprietary information with utmost respect. 
  • Students are not allowed to record using a note-taker. 8th & Walton values the privacy of its students and adheres to confidentiality always. We also honor proprietary information from Walmart. Furthermore, class materials are written and copyrighted by 8th & Walton, and recording them is an infringement of copyright laws.
  • 8th & Walton, LLC, Bentonville, AR is in no way affiliated with or endorsed by Walmart or its affiliates. All references to Walmart, as well as its affiliates, trademarks, and brands, are not intended to imply that 8th & Walton LLC is a Walmart vehicle for advertising or any other commercial purposes. Retail Link® and Walmart Luminate™ are registered trademarks of Walmart.

Enroll Today!

$650

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Reviews

 

I really enjoyed the courses I took both with Heather and Joel. Ena didn’t take the course with me as I was taking them in preparation for her retirement, but she spoke very highly of the courses she had taken previously. Both the Item 360 and the accounting courses gave me much more exposure than I could have gained otherwise, and I would be very behind had I not taken them and received the materials.

- Laura - 6.11.24 Walmart Sales Analyst

I have nothing but wonderful things to say about Heather. So knowledgeable, so patient, so pleasant and with a willingness to help during and after class. She's phenomenal! As someone relatively new to the Walmart world, I found a lot of the information to be very beneficial. There were pearls of information throughout the class. Thankfully I understood everything even though the class was dense with information. I think Heather was instrumental in making digestible and understandable.

- Maria - 8/17/23 Director of Sales

I have a great appreciation for the courses offered by 8th & Walton. This is the 2nd course I've attended, and I have a 3rd scheduled for the end of July. I enjoy the virtual setting along with the engagement and ways of teaching from the instructors. This particular course was led by a very knowledgeable instructor. She offered a comfortable setting that supported the suppliers in attendance to ask questions or share any challenges they were facing in their organization. I enjoyed attending and had a number of takeaways that have helped me in my role.

- Wendi - 6.11.24 Retail Sales Coordinator

Heather ensured everyone felt comfortable with the pace of the class and answered questions as we went along. She provided a good general overview of the various accounting-related apps and functionalities of Retail Link and provided useful advice on Walmart processes. Looking forward to putting this info into action now!

- Chris - 5.17.23 Lead Reconciler

It was very informative. Heather did a great job teaching.

- Carl - 5.22.22 Inside Sales, Service, and Data Specialist

The knowledge demonstrated by the trainer was exceptional. It was an exceptional class, lots of interaction, lots of questions and the manual we were given has everything a supplier needs. I highly recommend 8th & Walton.

- Rita - 4.11.23 Claims Manager

As always with 8th & Walton, it was very informative and very organized. Heather was awesome as I knew she would be and had great experience and knowledge of the various Retail Link© avenues involved with the accounting side of the business. I look forward to improving some things from our side with what was learned.

- Ena - 1.24.23 Walmart Sales Analyst

Heather did an excellent job with the course. I really enjoyed the session and have plenty of features I will be sharing with my team.

- Ryan - 11.29.22 AR Reconciliation Analyst

Heather was amazing. She is very informative, clear, patient, and overall it was great taking this course with her

- Giovana - 11.29.22 Customer Service Specialist