February 16, 2007, Newsletter Issue #52: Accounts Payable Tips

Tip of the Week

Accounts payable, if you aren't already familiar with the term, is business jargon for the bills your business has to pay. An accounts payable tip: use accounting software solutions to manage your expenditure more effectively. Written ledgers are a thing of the past! The software records transactions and outstanding bills to vendors and creditors. You can also distribute cash with flexibility, and write checks. The main advantage you have with accounts payable software is the financial reports, though, which will help you get a better hold on the ways to improve your business in the long-run.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Not finding the advice and tips you need on this Accounting Software Tip Site? Request a Tip Now!


Guru Spotlight
Ray Lokar