Accounts Payable Basics 17 Documents Everyone Must Understand

Learn all about the different types of documents you need to understand in the accounts payable function! Invoices, purchase orders, and receiving documents are just the beginning - join us for a detailed breakdown. Don't forget to subscribe for more accounting tips and tricks! #accountspayable #accounting #accountspayableprocess
Link to Difference between Purchase Order and Invoice Accounts Payable
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00:00 17 Documents Used in Accounts Payable
00:45 Invoices
01:34 Purchase Orders
02:06 Receiving Document
02:54 Receiving Reports
03:54 Credit Memos
04:49 Debit Memos
05:16 Advanced Shipping Notice (ASN)
06:06 Billing Notice
07:51 Form W-9
09:47 1099 MISC and NEC
10:29 B Notices
11:23 Check Request Form
12:40 Remittance Advice
13:29 Vendor Statements
14:28 Bank Statements
15:04 AP Aging Report

[@SuryakanthN]

I appreciate your efforts in providing the great knowledge regarding AP. Just a suggestion to check your audio quality, it’s pretty low. Thanks again. 😊