
school
Education
Master of Accounting from the University of Kansas
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Expertise
Accounting, Taxes, Auditing
Articles by Katie Minion, CPA

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How to keep track of invoices: Guide and invoice tracking template
Invoice tracking logs the status of every bill from receipt through payment, recording the vendor, amount, due date, and status to keep cash flow on track.

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Accounts payable journal entry: Definition and examples
An accounts payable journal entry records what you owe vendors for goods or services purchased on credit, using debits and credits in your general ledger.

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What is invoice financing? Definition and how it works
Invoice financing allows businesses to borrow against unpaid customer invoices, receiving a cash advance of 70–90% of the value while awaiting customer payment.

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Paperless accounts payable: How to go paperless with AP automation
Paperless accounts payable replaces paper invoices, approvals, and payments with digital workflows that cut costs, reduce errors, and improve visibility.

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Outstanding invoices: What they are and how to collect them
An outstanding invoice is a bill you’ve sent that a customer hasn’t paid yet, from the issue date until payment is received or the invoice becomes overdue.

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Where does accounts payable go on a balance sheet?
Accounts payable appears under current liabilities on the balance sheet and reflects short-term amounts your business owes to suppliers.