Bookkeeping is the process of organizing your company's financial records under two categories: the money you pay vendors for services and products, and the payments you receive from clients or ...

The Rise of AP Automation in Manufacturing In today’s fast-paced and competitive manufacturing environment, AP automation is ...

Accounts payable (AP) refers to the amount of money a business owes to its suppliers or vendors for goods or services received but not yet paid for. These are short-term liabilities that need to be ...

Understanding working capital as a small business owner can help you grow your business or take advantage of bigger ...

The key roles of procurement and finance departments are changing, morphing into a new, more integrated process. Not everybody is happy about the merging functions, but I think it's strange that ...

When you look at a company’s financial statements, you see a snapshot of its performance – sales figures, profit margins, and a long list of assets and liabilities. But how do you know if a company is ...

What Is the Difference between Accounts Receivable and Accounts Payable? Your email has been sent Accounts payable and receivable are required to ensure your cash flow and spending are appropriately ...

Accounts payable and payroll are both expense accounts that decrease a company's assets in an attempt to increase revenue for the business. These accounts are generally used by an accountant or the ...