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  2. Accounts payable - Wikipedia

    en.wikipedia.org/wiki/Accounts_payable

    Accounts payable personnel must watch for fraudulent invoices. In the absence of a purchase order system, the first line of defense is the approving manager. However, AP staff should become familiar with a few common problems, such as " Yellow Pages " ripoffs in which fraudulent operators offer to place an advertisement.

  3. How Accounts Payable Are Recorded on a Balance Sheet - AOL

    www.aol.com/accounts-payable-recorded-balance...

    Accounts payable access simplifies business processes. A company often needs to procure goods and services from vendors. If the vendor allows the company to accept the good or service without ...

  4. List of accounting roles - Wikipedia

    en.wikipedia.org/wiki/List_of_accounting_roles

    An entry-level accounting position, usually reporting to any of the higher level accounting positions, or in smaller companies, to the controller. They may or may not have a bachelor's degree, and their main responsibilities will usually include reconciling accounts and preparing preliminary reports. [7] [8]

  5. Invoice processing - Wikipedia

    en.wikipedia.org/wiki/Invoice_processing

    Once an invoice arrives, the accounts payable clerk must ensure that the document is indeed an invoice. Then the clerk classifies and sorts the invoice into various categories (e.g., by vendor, by transaction type, or by department). The definition of invoice categories is usually unique to a specific organization.

  6. Bookkeeping - Wikipedia

    en.wikipedia.org/wiki/Bookkeeping

    Separate account records are maintained for petty cash, accounts payable and accounts receivable, and other relevant transactions such as inventory and travel expenses. To save time and avoid the errors of manual calculations, single-entry bookkeeping can be done today with do-it-yourself bookkeeping software.

  7. Wealth strategies that used to be reserved for billionaires ...

    www.aol.com/wealth-strategies-used-reserved...

    Investment tactics often require big buy-ins and high fees. New tech is lowering the price of entry in fields like direct indexing and private markets. This article is part of "Transforming ...

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