Katie Minion, CPA

Katie Minion, CPA

Contributor Finance Writer

Katie is a freelance ghostwriter for the accounting industry. She has worked as a CPA in both public and private accounting for nearly a decade before she began her career as a freelance writer.

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Education
Master of Accounting from the University of Kansas
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Expertise

Accounting, Taxes, Auditing

Articles by Katie Minion, CPA

Accounts payable journal entry: Definition and examples

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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.
What is invoice financing? Definition and how it works

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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.
Paperless accounts payable: How to go paperless with AP automation

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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.
Outstanding invoices: What they are and how to collect them

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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.
Where does accounts payable go on a balance sheet?

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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.
T-Accounts for accounts payable: Definition and examples

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T-Accounts for accounts payable: Definition and examples

An accounts payable T-account shows how debits and credits record what your business owes and pays to suppliers.