Resources on basic accounting and payment terms business owners must know.
Discover what net earnings are, how to calculate it, why they are important, and how to use the metric to assess how a business is performing.
Learn what is service revenue, how it impacts financial statements and operational capabilities, as well as how to maximize it.
Learn about post-closing trial balances, their importance in accurate financial reporting, and how to prepare them.
P-cards can save your business time and help you be more efficient. We cover what you need to consider before adding them to your operations.
Discover what invoice verification is, why it's important, what a simple five-step process to follow is, and what best practices are for a more efficient process.
Feeling a bit overwhelmed by the various reports your AP software offers? Discover the top 12 accounts payable reports and how to use them to track performance.
Budgeting and forecasting empower businesses to anticipate and plan for the future effectively. Learn how to use both for the best chance at success.
Discover the importance of reconciliation reporting in accounts payable, and learn the three core steps to creating your own report
Review some common examples of accrued liabilities and learn how to accurately estimate and record them for proper financial reporting and compliance purposes.
Invoice fraud is a common attempt to scam businesses out of money. Prevent cash flow disruptions by knowing how to identify and prevent fraud attempts.
Explore what an approved vendor list (AVL) is, how it can help businesses make better purchasing decisions, and the steps to take to create your own.
Learn what the accounts payable aging report is and what’s included, why AP teams should use these reports, and, of course, how to go about creating one.
See what the vendor management lifecycle looks like and the various stages that make up this process, from initial engagement to supplier offboarding.
Invoice scanning is the process of converting paper invoices into digital formats.
There's an important distinction between accounts payable and trade payable. Knowing the difference helps you master your finances and optimize operations.
