Articles and updates on accounts payable automation, invoice processing and finance operations.
Delegation of authority matrix explained: how to set spend approval limits by role and dollar threshold, with an example DOA policy table.
Read articleCash conversion cycle formula explained with a worked example: DIO plus DSO minus DPO, what a negative cycle means, and how payment terms move the number.
Read articleA vendor credit is money a supplier owes you back for a return, overcharge, or rebate. See how to record a vendor credit memo and apply it to the next bill.
Read articleA cash disbursement journal records every payment your business makes by check, ACH, or wire. See the standard columns, a worked example, and the entries.
Read articleAccrued liabilities are costs you incurred but have not yet paid or been billed for. See examples, the journal entry, and how they differ from accounts payable.
Read articleSegregation of duties splits the AP tasks that let one person both create a payee and pay them. The five duties, the risky pairs, and controls for small teams.
Read articlePurchase price variance is the gap between what you agreed to pay and what you were billed. Here is the formula, a worked example, and how AP catches it.
Read articleThe next 1099 deadline: 1099-NEC for tax year 2026 is due February 1, 2027. Full due date table, e-file rules, and penalties.
Read articleA proforma invoice is a quote dressed as an invoice. Here is what it is for and how it differs from a commercial invoice.
Read articleForm 1096 only transmits paper 1099s. Since the IRS e-file threshold dropped to 10 returns, most businesses never file one. Here is who still does.
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