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

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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.

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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.

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What is invoice financing? How it works and examples
Invoice financing is a short-term funding solution that lets businesses unlock cash tied up in unpaid invoices to improve cash flow faster.

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Accounts payable forecasting: How to project future payments
Accounts payable forecasting is the process of projecting future vendor payments to manage cash flow and plan upcoming expenses.

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2-way matching in accounts payable: What it is and how it works
In accounts payable, 2-way matching means verifying each invoice against its purchase order. This control prevents errors, stops duplicates, & speeds approvals.