📤 Bookkeeping Duties - ACCOUNTS PAYABLE // Bookkeeping Basics Series | Realistic Bookkeeping

Have you ever wondered what accounts payable means, and what it looks like to handle accounts payable as a bookkeeper? In the first video of the Bookkeeping Basics series, I dive into the basics of AP and give examples of how to handle these bookkeeping processes. A free download of the information is available below!
//CHAPTERS:
0:00 Introduction
2:06 What is Accounts Payable
2:29 Important Vocabulary for AP
4:50 Timeline of AP
6:46 Example #1 of AP in a Property Management Business
11:50 Example #2 of AP in Agricultural Business
//RESOURCES MENTIONED:
🔆 Everything Bookkeeping University Waitlist! - bit.ly/3uoiDS8
The COMPUTER I use! - amzn.to/3kpZxbc
*If you don't already have a good computer/laptop for your bookkeeping needs, this is the laptop I currently have. I love it and it's just right for what I need to use it for!
FREE TEMPLATE Accounts Payable Presentation File - bit.ly/306EBxQ
//CONTACT:
For all subscribers, please feel free to leave a comment below so that I can reply to you directly!
For any business inquiries, please email me at [e-mail]
And make sure you subscribe to my channel!
Sharing my story as I create my bookkeeping business!
Disclaimer - This video is NOT sponsored by any of the brands mentioned throughout this video. All thoughts mentioned are my own. Some links provided above are affiliate links. They do not cost you anything, but I make a small percentage from the sale. Honesty is key on my channel, thank you for supporting me!

[@mandylivinglife]

I’m just getting started on my QuickBooks online training. I’m a mom, of 4 and a wife. I’m also a content creator based on inner growth. I’ve totally been watching your videos

[@amberjacobs1895]

Hi, Rachel, thank you so much for this playlist. I have questions after watching this one if you don't mind answering them. 1. How do handle actual receipts? For example, if I use the company debit card to purchase gas for my car, I get a receipt. Do you handle that as an expense? And do you keep a copy of the receipt? 2. How do you handle the different ways of receiving AP invoices and the multiple methods of paying them? This seems like a headache, especially if you do it for multiple clients. I ask because I was doing for ONE client and it was not fun. I switched to one method, which is paying bills by check via QBO. I feel like I save so much time.

[@gemlady72]

This was a good detailed explanation. Nice to see real life examples and in industry specific software

[@RealisticBookkeeping]

Yay, I'm so happy you thought so!

[@julietapompo-lewis3895]

Your channel is so helpful!! Thank you thank you

[@billykelly5987]

Thank you ❤🎉that’s great explanation! You nailed it!

[@Greeny123-yt]

im working as a Virtual assistant to a bookkeeper in Australia, love your videos it really helps me

[@RealisticBookkeeping]

Thank you - I'm so happy!

[@eiengel8563]

Sorry how do You get Your job? Thank you

[@glaizabacquel9194]

Hi Rachel, you are awesome! I have been watching most of your videos and honestly I dont usually spend that much time to watch youtube videos, but you showed very honest and very detailed and realistic videos that I got so interested in learning and watched most of you videos now. I am a single parent with 2 kids, a receptionist/admin assistant full time and now taking evening school bus.management. we had modules of accounting and online quickbooks that I got interested in thinking of pursuing it to bookeeping after I graduate. Your videos actually made a big impact into my decisions to do bookeeping. But I want to kmow how are you doing right now? Is booking still what you do? I dont see anymore recent videos.

[@vacationalresidentail7145]

Thanks! Liked and subscribed!

[@akintolu50]

You make a video tutorial soon for I've been searching to know what the User interface of the screen for Account Payable Clark would look like. I've been taking courses and I'm not getting it, so I picked up a lot on your video. Thank you very much, I hope to get a remote job soon.

[@tanjalaschumacher5580]

Hi, I’ve been enjoying your videos, I see you haven’t made any new videos. I hope all is well and you return to KZbin soon. 😊

[@eiengel8563]

Thanks a lot i have a question print cheks is pay at suppliers ? I mean in México the owner pay with tranfering the money at his bank account and I cant understand what that means ??

[@LazarusStirs]

Great videos. Just wondering if you had any background in accounting, like a Bachelors degree, or if having a degree in accounting isn't necessary?

[@RealisticBookkeeping]

I have no educational background in accounting. I do have a bachelor's degree in mathematics, but no - a degree is not necessary to start a bookkeeping business :)

[@chandramcdaniel5676]

Trying to sign up for Bookkeeping University.

[@globalpeopleslife9686]

Nice information. You are from which country....??

[@chytealthedeal]

Great video. The download link is broken😭.

[@MonnaQ]

Hi! Question... If my client uses PropertyWare and I as the Bkker use QBO, do I just have to "learn" PW in order to to work with that client? As you can tell from my question, I'm new at this. Thank you!

[@SuzanneHenderson-Bay]

I'm also very new at this, but my property management software (DoorLoop) integrates with QB so maybe that can be of some help

[@jameswbuchananjr]

Aren't a receipt, a bill and an invoice all different?

[@Km-mu4vs]

It’s book keeping also known s as account payable

[@jcm2789]

Hello I've been in Accounts Payable job with 5 years of experience and I didn't know that AP and book keeping is the same? 😅

[@nikeshpoudel4001]

​@@jcm2789where are you based?

[@natbrown1974]

I am used to doing entries in canada. For US payables, do you have to split out any taxes listed on the invoice from the expense lines at all or is the total invoice being expensed?

[@nikeshpoudel4001]

How do I get Job as a bookkeeper in Canada? Do you suggest any certification?

[@natbrown1974]

@@nikeshpoudel4001 you can get a bookkeeping certification through college programs here in Canada. Some offer the courses online.

[@summerfin6707]

Hey just wanna say the free template link doesn't work

[@carriegodfrey4106]

The link to the accounts payable presentation doesn't work.