Tell me about yourself? Can you explain about P2P? Golden rule of accounting? What is account payable? What is provision for doubtful debt? What is the main checkpoint of an invoice?

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I am a financial analyst with expertise in P2P, accounting principles, and invoice processing.

P2P stands for Procure-to-Pay, which is the process of requisitioning, purchasing, receiving, paying for, and accounting for goods and services.
The golden rule of accounting states that debit what comes in and credit what goes out.
Accounts payable is the amount a company owes to its suppliers or vendors for goods or services purchased on credit.
Provision for doubtful debt is an estimated amount set aside by a company to cover potential losses from customers who may not pay their debts.
The main checkpoint of an invoice is to ensure accuracy in terms of pricing, quantity, terms of payment, and proper authorization.

Tell me about yourself? Can you explain about P2P? Golden rule of accounting? What is account payable? What is provision for doubtful debt? What is the main checkpoint of an invoice?

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