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Accounts Payable is a vital aspect of every organization's financial operations and staying on top of your accounts payable is crucial to maintaining healthy cash flow and ensuring financial stability.
In today's video, I'll walk you through the concept of AP, show you some examples of how I manage it in my company, and tips on how to build a career with AP
⏱️ TIMESTAMPS
0:00 Intro
0:50 What Exactly is Accounts Payable?
2:50 Why Accounts Payable is so Important
4:16 How Accounts Payable Affects Your Accounting
5:30 What Are the Journal Entries to Record
6:56 How to Do Accounts Payable Right
11:56 Processing AP in Quickbooks Online
13:18 Processing AP in Ramp
17:05 Checks, Credit Cards, Wires, and ACHs
23:30 How to Build a Career with AP
ABOUT THIS CHANNEL
Looking to level up your career in Finance & Accounting? You're in the right place. Each week I upload videos around Accounting, FP&A, and Excel to help you grow in your career and learn something new.
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