Accounts payable
Strategies for making your bill payment workflows blazing fast and accurate.
ArticleBest accounts payable automation software in 2026
Janet Berry-Johnson
CPA, Accounting & Tax Content Writer
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Trade payables: Definition, examples, risks, and benefits
Trade payables are short-term liabilities a business owes to suppliers for goods or services purchased on credit, recorded as current liabilities.
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Where does accounts payable go on a balance sheet?
Accounts payable appears under current liabilities on the balance sheet, where it records the short-term amounts your business owes its suppliers.
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Proforma vs. commercial invoice: Which to use
A proforma invoice is a preliminary, non-binding estimate sent before a sale, while a commercial invoice is the binding final bill and customs document.
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Automated invoice processing: A step-by-step guide
Automated invoice processing uses AI and OCR to handle invoices from capture to payment, replacing manual data entry with rules-based routing and approval.
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The cash application process: A complete guide
Cash application is the process of matching incoming customer payments with open invoices to update the general ledger and close out accounts receivable.
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What is accounts payable (AP)? Definition and examples
Accounts payable (AP) is the short-term money your business owes vendors for goods or services bought on credit, recorded as a current liability.
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