Free Guide to
Bookkeeping Concepts

Accounting Bookkeeping Concepts PDF Cover

Receive our free 18-page Guide to Bookkeeping Concepts (PDF) when you subscribe to our free newsletter.

You are already subscribed. This offer is not available to existing subscribers.
Step 2: Please check your email and click the confirmation link.

280,882
Subscribers

Accounts Payable (Outline)

0
Read our Explanation (6 Parts) free

Our Explanation of Accounts Payable provides insights on the bill paying process in a large company. Included are discussions of the three-way match, early payment discounts, end of period accruals, and more.

Part 1Introduction; An Account Payable is Another Company's Account Receivable
Part 2Accounts Payable Process
Part 3Related Expense or Asset; End of Period Cut-Off; Accruing Expenses and Liabilities
Part 4Adding General Ledger Accounts; Invoice Credit Terms
Part 5Early Payment Discounts vs. Need for Cash; Other
Part 6General Ledger Account: Accounts Payable
Take our Practice Quiz free

This 20-question quiz is a fast way to assess your understanding of the Accounts Payable Explanation. It's also a great warmup for our Quick Test.

Review our Q&A free

We've answered 23 popular questions related to the topic Accounts Payable. Review them all or use the search box found at the top of each page of our website for your specific questions.

Review our Flashcards

Our flashcards for the topic Accounts Payable will help you master key terms and definitions. You can view them on any device or print them out.

Solve our Word Scramble free

If you find Accounts Payable terminology difficult, this Word Scramble will provide clues (scrambled answers) to assist you.

Solve our Crossword Puzzle free

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Accounts Payable in a more fun format.

Review our Cheat Sheet

Our Accounts Payable Cheat Sheet defines the terminology used in the accounts payable function of a business.

Take our Quick Test

This graded 20-question test measures your understanding of the topic Accounts Payable. Discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.

Certificate of Achievement

Certificates of Achievement

We now offer four Certificates of Achievement for Introductory Accounting and Bookkeeping. The certificates include Debits and Credits, Adjusting Entries, Financial Statements, and Working Capital and Liquidity. Click here to learn more.

PRO Testimonial
"AccountingCoach PRO is an exceptional service. It not only provides all the essential material to succeed in learning accounting and finance, but also explains all the relevant details that make the difference when you need to understand the complexity of accounting systems. As a communication trainer and business coach, I had to pick up the language of accounting in no time in order to communicate more effectively with my clients. This website's benefits have exceeded my expectations. Many thanks for your great support." - Theirry F.
View PRO Features →