All achievements, all earned riches, have their beginning in an idea. – Napoleon Hill
The accounts payable process (also known as A/P) or function is immensely important since it involves nearly all of a company's payments outside of payroll. Regardless of the company's size, the mission of accounts payable is to pay only the company's bills and invoices that are legitimate and accurate. The amount of invoices paid daily within a company will depend on the size and activity.
Key items an Accountant should look for when reviewing invoices are:
Research has identified a few tips related to accounts payable that may allow your business to run a bit smoother.
Find more solutions today, Fontenot & Associates Solutions, LLC.
Hello, I'm Terra the Founder and Marketing Director of Fontenot & Associates Solutions. Thank you for joining my Accounting world. Our blog's purpose is to teach with the determination of closing industry and accounting process gaps that knowingly exist with our uniquely designed detailed procedures and trainings.
My mission is to offer the best accounting results for all companies seeking to close their process gaps with actual solutions. With my Bachelors and Masters Degree in Accounting, I strive for continuous development and professional growth in this profession. My professional career has been in the Oil & Gas industry for nearly the past 10 years but my business focus is to support and train accounting professionals in all industries.