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

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Accounts payable journal entry: Types and examples
Accounts payable journal entries record vendor purchases and services on credit, debiting expense or asset accounts and crediting AP liabilities until payment.

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Invoice financing: Definition and how it works
Invoice financing lets businesses borrow against unpaid invoices for up to 90% of their value, turning delayed customer payments into usable working capital.

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Paperless accounts payable: How to make the switch
Paperless accounts payable replaces manual invoice handling with digital capture, automated approvals, and electronic payments for more streamlined processing.

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Outstanding invoices: Meaning, tracking, and collection
An outstanding invoice is an unpaid customer bill recorded as accounts receivable, tracked until payment, partial settlement, dispute resolution, or write-off.

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Accounts payable outsourcing vs. automation: Pros and cons
Accounts payable outsourcing pays a third-party provider to handle invoices and payments, while AP automation keeps that work in-house using software tools.

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ACH credit vs. ACH debit: What's the difference?
ACH credits push funds from the sender's account; ACH debits pull funds from the payer's account with prior authorization. Both settle in 1–3 business days.