1 Some Accounting and Bookkeeping Basics 1 
2 Invoice Handling: The Three-Way Match and More 11 
3 Checks: The Traditional Payment Mechanism 29 
4 Exception Handling and Those Dreaded Rush Checks 47 
5 Preventing Duplicate Payments and Other 
Common Errors 57 
6 Paying Lost or Missing Invoices without Creating 
Additional Problems 73 
7 Improving the Relationship with Purchasing 83 
8 Master Vendor Files: An Often-Overlooked Function 95 
9 Discounts, Deductions, and the Problems They Cause 107 
10 Travel and Entertainment: The Traditional Functions 117 
11 Travel and Entertainment in the Twenty-First Century 131 
12 Electronic Data Interchange: The Key to a Paperless 
Accounts Payable World 147 
13 Using the Internet in Accounts Payable 157 
14 Extensible Markup Language: What Accounts Payable 
Pros Need to Know 169 
15 Procurement Cards and Their Impact on the 
Accounts Payable Function 179 
16 Fraud: Vendor, Employee, and Check 195 
17 How Companies Are Using Technology in 
Accounts Payable 207 
18 High-Level Accounts Payable Concepts 225 
19 Managing Your First Accounts Payable Department 241 
20 Accounts Payable in the Twenty-First Century 251 
Additional Resources 261 
Index 263