Articles and updates on accounts payable automation, invoice processing and finance operations.
Goods received not invoiced (GRNI) is the accrual for goods you received but were not yet billed for. See the journal entry, accounting, and how to clear it.
Read articleHow to record an accounts payable journal entry, with worked examples for invoices, payments, accruals, credit memos, discounts, and write-offs.
Read articleVendor statement reconciliation matches your AP ledger to each supplier statement to catch missing invoices, duplicate payments, and unclaimed credits.
Read articleThe accounts payable turnover ratio explained: the formula, a worked calculation example, what a good ratio is, how to read it in days, and how to improve it.
Read articleAn accounts payable aging report explained with an example, the 30/60/90 buckets, how to read it, and how to use it to prioritize payments and manage cash.
Read articleA practical guide to the 1099 process in accounts payable: which payments are reportable, the 2026 threshold, collecting W-9s, and year-end filing.
Read articleThe accounts payable month-end close explained step by step, with a controller's checklist for cutoff, accruals, AP-to-GL reconciliation, and a faster close.
Read articleThe accounts payable KPIs that matter, with formulas, examples, and 2026 benchmarks for cost per invoice, DPO, cycle time, exception rate, and more.
Read articleAccounts payable automation ROI comes from a lower cost per invoice, fewer errors, and early payment discounts. See the benchmarks and how to calculate it.
Read articleTwo way matching in accounts payable compares the invoice to the purchase order. Learn how it works, 2 way vs 3 way matching, and when to use each.
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