
Accounting Accounts Payable: How Suppliers Trick You into Paying Twice
About this episode
Let me start off by shattering a common misconception among many finance and accounting professionals: If you pay a supplier twice – most won’t automatically return your payment. That’s right they don’t nicely return the money. That’s why it’s critical that you recognize the games or practices that devious suppliers use to get you to pay them twice. Some of these practices are used legitimately making it difficult to identify devious suppliers. So let’s take a look at some of their dubious practices.
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#payment #accountspayable #accounting #finance
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