Vendor Account Reconciliation | Procure to Pay | Little As Five Minutes

ABOUT THE VIDEO:

Vendor reconciliation means statement showing difference of Company payable to vendor a/c balance & vendor outstanding balance. It is reconciled from both account balance company and vendor. If there is any advance to vendor it will reduce the balance from company payable amount.

In this playlist, we tried to explain you all the activities carried out in the Accounts Payable Department and also summarized it broadly for better understanding.

Don’t forget to share this video with your friends who are either interested to learn about accounting or are preparing for an interview.

Good luck and happy learning! :)