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

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

   Importance of Accounts Payable. Accounts payable represent short-term debt obligations. While terms can vary, accounts payable typically need to be paid for within 30 days.

3. 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.

4. 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.

5. Invoice - Wikipedia

   en.wikipedia.org/wiki/Invoice

   The buyer (i.e. the issuer) should treat the invoice as an account payable and the seller should treat it as an account receivable. If there is tax on the sale, e.g. VAT or GST, then the buyer and seller may need to adjust their tax accounts in accordance with tax legislation. [10]

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. Accounting information system - Wikipedia

   en.wikipedia.org/wiki/Accounting_information_system

   For example, consider the accounts payable department when processing an invoice. With an accounting information system, an accounts payable clerk enters the invoice, provided by a vendor, into the system where it is then stored in the database. When goods from the vendor are received, a receipt is created and also entered into the AIS.

8. List of business and finance abbreviations - Wikipedia

   en.wikipedia.org/wiki/List_of_business_and...

   SMA – Separately Managed Account; SME – Small and Medium Enterprises; SOHO – Small office/home office; SOP – Standard operating procedure; SOW – Statement of Work; SOX – Sarbanes-Oxley; SPP – Systematic Payment Plan; SROI – Social return on investment; SSN – Social Security Number; Stg – Sterling, the currency of the United ...

9. Free Online Games: Play board games, card games, casino ... - AOL

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   Discover the best free online games at AOL.com - Play board, card, casino, puzzle and many more online games while chatting with others in real-time.