Includes bibliographical references (p. 261-262) and index.

Some Accounting and Bookkeeping Basics -- Invoice Handling: The Three-Way Match and More -- Checks: The Traditional Payment Mechanism -- Exception Handling and Those Dreaded Rush Checks -- Preventing Duplicate Payments and Other Common Errors -- Paying Lost or Missing Invoices without Creating Additional Problems -- Improving the Relationship with Purchasing -- Master Vendor Files: An Often-Overlooked Function -- Discounts, Deductions, and the Problems They Cause -- Travel and Entertainment: The Traditional Functions -- Travel and Entertainment in the Twenty-First Century -- Electronic Data Interchange: The Key to a Paperless Accounts Payable World -- Using the Internet in Accounts Payable -- Extensible Markup Language: What Accounts Payable Pros Need to Know -- Procurement Cards and Their Impact on the Accounts Payable Function -- Fraud: Vendor, Employee, and Check -- How Companies Are Using Technology in Accounts Payable -- High-Level Accounts Payable Concepts -- Managing Your First Accounts Payable Department -- Accounts Payable in the Twenty-First Century.

Full of valuable tips, techniques, illustrative real-world examples, exhibits, and best practices, this handy and concise paperback will help you stay up to date on the newest thinking, strategies, developments, and technologies in accounts payable.