Accounts Payable Accounting

Accounts Payable Accounting

I’m currently a senior accountant in private finance and aspire to become an expert in accounts payable Accounting.

Could anyone suggest some books, YouTube videos, or other resources that can help me master the fundamentals and understand the complete process flow from beginning to end? I’d greatly appreciate any recommendations!

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  1. Absolutely! It’s great to hear that you’re looking to deepen your knowledge in accounts payable Accounting. Here are some resources that can help you master the basics and understand the process flow:

    Books:

    1. “Accounts Payable: A Guide to Best Practices” by Mary S. Schaeffer – This book covers the fundamentals of the accounts payable process, best practices, and tips for improving efficiency.
    2. Accounting Made Simple: Accounting Explained in 100 Pages or Less” by Mike Piper – While not exclusively about accounts payable, this book provides a solid foundation in accounting principles.
    3. “The Complete Guide to Managing a Multi-entity Company” by Steven M. Bragg – This text offers insights into managing complex financial structures, including accounts payable processes.
    4. “Financial Accounting” by Walter T. Harrison Jr. and Charles T. Horngren – A well-rounded textbook that covers various aspects of financial accounting, including accounts payable.

    Online Courses:

    1. Coursera/edX – Look for accounting courses offered by universities. They often cover fundamentals that can be beneficial for an accounts payable focus.
    2. LinkedIn Learning – They have courses specifically geared towards accounting and finance, with a focus on practical skills you can apply immediately.

    YouTube Channels:

    1. Accounting Stuff – This channel provides clear and concise explanations of various accounting concepts, including accounts payable.
    2. Fahmida Kazi – Offers tutorials on accounting topics, including detailed walkthroughs of the accounts payable process.
    3. The Accounting Tutor – Focuses on different accounting principles that could be very useful for understanding accounts payable.

    Blogs/Online Resources:

    1. Accounts Payable News – Stay updated with industry trends and best practices.
    2. The Balance – Offers articles and guides on various accounting topics, including accounts payable.

    Practical Experience:

    • Use Accounting Software: Familiarize yourself with popular software like QuickBooks, SAP, or Oracle, as hands-on practice can greatly enhance your understanding of the process flow.

    Combining these resources with your practical experience will certainly put you on the path to becoming an accounts payable expert. Good luck on your learning journey!

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