Accounts Payable

Accounts payable is a type of accounting that involves tracking and paying invoices from suppliers and other vendors. It involves keeping accurate records of who is owed money, when payments are due, and how much is owed. It also involves tracking when payments have been made, reconciling accounts, and preparing financial reports. Accounts payable is a critical part of any business, as it helps to ensure that the business is financially responsible and up-to-date with its payments.

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