Articles and updates on invoice extraction, invoice processing, accounts payable and automation.
A month end close checklist in four stages: cut off and collect, reconcile every balance sheet account, post accruals and adjusting entries, then review, lock, and report.
Read articleNo. The BLS projects accountants and auditors to grow 5% from 2024 to 2034, while bookkeeping clerks decline 6% with technology named as the cause. AI is replacing accounting data entry, not accounting judgment.
Read articleWhat a statement of account is, how it differs from an invoice, the open-item and balance-forward types, and how to reconcile a supplier statement against accounts payable.
Read articleWhat a self-billing invoice is, how self-billing works, when to use it, the agreement it needs, the risks, and how US recipient-created invoices differ from UK and EU rules.
Read articleA cash disbursement journal records every payment a business makes: what it is, what goes in it, a worked example, and how it relates to the accounts payable ledger and the general ledger.
Read articleWho counts as a 1099 vendor, the $2,000 threshold for 2026, corporate exemptions, credit card payments, W-9 collection, backup withholding, and filing deadlines.
Read articleNotes payable is debt under a signed promissory note. Accounts payable is trade credit from a supplier invoice. The differences, with the journal entries.
Read articleThe EDI 810 is the invoice transaction set in ANSI X12: what it contains, every segment, a worked example, why it causes chargebacks, and how AP processes it.
Read articleTrade payables are what you owe suppliers for goods and services bought on credit. What counts, the journal entries, how they differ from accounts payable, and how they drive working capital.
Read articleDue upon receipt means an invoice is payable the day it arrives, with no credit period. When to use it, when it backfires, how to word it, and what to do when it is not paid.
Read articleStart turning your invoices into clean, structured spreadsheet data.
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