Link to Journal Entries A Guide to Almost Everything

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Your company is losing money right now — and no one can see it happening. Not leadership. Not procurement. Not even finance. But Accounts Payable can.

Because the truth is this: most organizations don’t bleed money through big, dramatic failures. They bleed through the tiny, invisible cracks in their AP fundamentals — the ones no one ever talks about because they seem “too basic” to matter.

But those basics? They’re exactly where the damage starts.

A missing invoice. A coding error. A rushed approval. A vendor setup shortcut. A “temporary” workaround that somehow becomes permanent.

Individually, they look harmless. Collectively, they create duplicate payments, late fees, vendor escalations, audit findings, strained relationships, and real financial leakage — all happening quietly in the background while everyone assumes AP is “just processing invoices.”

Today, I’m pulling back the curtain on the AP fundamentals that silently cost companies thousands — sometimes millions — every year. And by the end of this video, you’ll know exactly which basics your organization is overlooking… AND how to stop the bleeding before it becomes a crisis.

urchase recs and purchase orders: These two very basic instruments with similar sounding names have related but very different uses with the organization. Let’s start by looking at them at the macro level. #purchaseorder #purchaserequisition #purchasereq

Link to Purchase Orders: Why You Didn't Get the Promised Special Terms https://youtu.be/0zTv2_gOiB4

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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby

Everything in accounting (including accounts payable) — the general ledger, trial balance, financial statements, audits, ratios, KPIs — is only as accurate as the journal entries feeding the system. If the journal entry is wrong, everything downstream is wrong. That’s why we put together this guide on journal entries. We’ll show you how to use them, how to fix mistakes and how to avoid Journal Entry Fraud.

So, let’s get started. Link to Accounting Issues Related to AP course https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hd5xiZUp7dVeyEOxAxmmX0i

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Looking for more of the most current business intelligence about

+ Best practices around your payment and accounts payable function

+ Current and new fraud protection protocols

+ The newest technology impacting your accounting, accounts payable, and payment functions

+ Career advancement

+And much more!!

+++++++++++++++++++++++

See most recent videos at: https://www.youtube.com/@APNow/videos

Test your AP automation knowledge with this professional Accounts Payable skills quiz. Whether you’re an AP specialist, AP manager, or someone working with invoice workflows, OCR, 3‑way match, ERP systems, and automation tools, this episode challenges your understanding of modern AP processes.

We walk through essential AP automation concepts including invoice processing, exception handling, fraud prevention, vendor management, and workflow best practices. This quiz is perfect for AP professionals looking to sharpen their skills, job seekers preparing for AP or accounting interviews, and teams building stronger automation knowledge.

If you work in Accounts Payable, this quiz helps you identify strengths and gaps. If you’re transitioning into AP, this quiz helps you learn the fundamentals. If you’re building automation expertise for career growth, this quiz gives you a competitive edge.

Topics Covered: • AP automation fundamentals • Invoice workflow and exception handling • OCR and data capture • 3‑way match and ERP integration • Fraud prevention and internal controls • Modern AP best practices

Ideal for: AP specialists, AP managers, accounting professionals, ERP learners, and anyone wanting to level up their AP automation skills

Link to Complete Invoice Processing Guide https://youtu.be/YVnYBRLw8PY

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Looking for more of the most current business intelligence about

+ Best practices around your payment and accounts payable function

+ Current and new fraud protection protocols

+ The newest technology impacting your accounting, accounts payable, and payment functions

+ Career advancement

+And much more!!

+++++++++++++++++++++++

See most recent videos at: https://www.youtube.com/@APNow/videos

See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby

Let's take a look at critical, and often overlooked, accounts payable best practices that every accounting and finance professional should be aware of and incorporate into their operations. #accounting #accountspayable

Link to AI Shortcuts That Save Hours of Soul-Crushing Work https://youtu.be/HZFN-8_2Atc

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Looking for more of the most current business intelligence about

+ Best practices around your payment and accounts payable function

+ Current and new fraud protection protocols

+ The newest technology impacting your accounting, accounts payable, and payment functions

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+And much more!!

Are you ready to ace your next job interview? This video provides valuable career advice and guidance on common accounts payable interview questions and answers that will help you get hired. Learn how to navigate the interview process effectively with essential interview tips and prepare for a successful job interview by avoiding red flags.

Watch next: Accounts Payable Task Based Interview Questions and Answers (with Scripts) https://youtu.be/pZ_TtzWHag0

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Your Three-Way Match isn't working; here's why. Most three-way match problems don't come from complicated issues, but from common, preventable errors. This video breaks down some of the most frequent three way match mistakes, explaining why they happen and, crucially, how to stop them before they derail your accounts payable process. As a savvy financial accounting professional, understanding these accounting basics and invoice processing tips is key for better finance and accounting.

Link to Three Way Match Controls That Save Companies Big Time https://youtu.be/FEwPcrxcaNM

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Looking for more of the most current business intelligence about

+ Best practices around your payment and accounts payable function

+ Current and new fraud protection protocols

+ The newest technology impacting your accounting, accounts payable, and payment functions

+ Career advancement

+And much more!!

+++++++++++++++++++++++

See most recent videos at: https://www.youtube.com/@APNow/videos

See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Three way match every Accounts Payable (AP) and accounting team should master.

Link to The Parts of an Invoice https://youtu.be/pVq_0BACFZI

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Looking for more of the most current business intelligence about

+ Best practices around your payment and accounts payable function

+ Current and new fraud protection protocols

+ The newest technology impacting your accounting, accounts payable, and payment functions

+ Career advancement

+And much more!!

+++++++++++++++++++++++

See most recent videos at: https://www.youtube.com/@APNow/videos

See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Most AP teams don’t fail because they’re careless — they fail because they trust the wrong things. An official looking invoice. A familiar process from a previous job. An email that “seems” like it came from a supplier. An automation tool that feels foolproof. These tiny assumptions slip into the workflow quietly… and they’re exactly where the biggest errors, fraud attempts, and audit findings hide. #accountspayable #accounting #accountspayablemistakes

Today, I’m going to walk you through the assumptions that even experienced AP professionals make without realizing it — the ones that cost companies money, damage vendor relationships, and create compliance headaches. If you work in AP, these blind spots are already in your process. The question is whether you’ve spotted them yet.

Link to Trial Balance https://youtu.be/aGkK-ufW-UY

Link to Three-way Match https://youtu.be/ysgyRbw3yVk

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Looking for more of the most current business intelligence about

+ Best practices around your payment and accounts payable function

+ Current and new fraud protection protocols

+ The newest technology impacting your accounting, accounts payable, and payment functions

+ Career advancement

+And much more!!

+++++++++++++++++++++++

See most recent videos at: https://www.youtube.com/@APNow/videos

See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby

Most accounts payable teams don't fail due to carelessness, but by trusting the wrong things. This video discusses common blind spots in accounts payable that lead to significant financial losses and fraud. We highlight how seemingly official invoices or deceptive emails can introduce errors into workflows, emphasizing the need for robust internal controls. Understanding these risks is crucial for effective finance and accounting operations and sound risk management.

Link to Quick Reconciliation Tricks that Work

Trial balance serves as the underpinning of any organization’s financial statements. It is a critical tool used to ensure accurate financial statements. So, let’s take a look at what it is and how it is used in both accounting and more specifically accounts payable and then look at some common misconceptions and mistakes made in relation to this all-important reporting mechanism. #trialbalance #accounting #accountspayable

Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1

Looking for more of the most current business intelligence about

+ Best practices around your payment and accounts payable function

+ Current and new fraud protection protocols

+ The newest technology impacting your accounting, accounts payable, and payment functions

+ Career advancement

+And much more!!

+++++++++++++++++++++++

See most recent videos at: https://www.youtube.com/@APNow/videos

See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby

This video provides a comprehensive guide to understanding the trial balance, a fundamental accounting report. We explain what a trial balance is, its importance in financial statement accuracy, and its application in accounts payable. The video also addresses common misconceptions and mistakes related to this critical reporting tool, including discussions on unadjusted trial balances and the accounting equation.