Some folks get accounts payable mixed up with accounts receivable. They know one is all about cash coming in and the other about cash going out, but they don't know the difference. This short provides a clear explanation.
Link to Accounts payable vs. accounts receivable
• Accounts Payable vs. Accounts Receiva...
Accounts Payable Best Practices today includes strong internal controls, regulatory compliance, fraud protection and usually some technology. While accounts payable automation might be the first thing that springs to mind, there is more than technology in a best practice accounts payable process.
Link to Accounts Payable Best Practice Playlist
• Accounts Payable Best Practices
Link to the Accounts Payable Crash Course Playlist
• Accounts Payable Crash Course: [Under...
Link to Changing Invoice Best Practice Playlist
• Changing Invoice Best Practices
Link to AP Now’s Invoice Series • Changing Invoice Best Practices
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Host: Mary Schaeffer (www.ap-now.com)