Accounts Payable (AP) Cycle Explained | From Purchase Order to Payment | Complete AP Journey

What happens after a company places an order with a supplier? How does the supplier invoice move through Accounts Payable until the payment is finally made? In this video, we follow a simple ₹1,00,000 corporate laptop purchase and explain the complete Accounts Payable (AP) journey from start to finish. 📌 AP Journey Covered: ORDER → RECEIVE → CHECK → POST → APPROVE → PAY → RECONCILE 🔹 Purchase Order (PO) 🔹 Goods/Services Receipt 🔹 Supplier Invoice 🔹 3-Way Matching 🔹 Invoice Posting 🔹 Payment Approval 🔹 Supplier Payment 🔹 Reconciliation & Clearing The video uses a simple corporate example to make the Accounts Payable process easy to understand, especially for finance professionals, accounting students, freshers and anyone looking to understand the Procure-to-Pay process. 🎯 Who is this video for? • Accounts Payable professionals • Finance & Accounting professionals • ACCA / CA / CMA students • Freshers entering Finance & Accounting • Procure-to-Pay (P2P) professionals • Anyone preparing for AP interviews • Anyone who wants to understand the AP cycle If you found this useful, Like 👍 | Share 📤 | Subscribe 🔔 for more practical Finance & Accounting content. #AccountsPayable #APCycle #FinanceAndAccounting #ProcureToPay #Accounting