Keyword Analysis & Research: accounts payable definition quizlet

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Frequently Asked Questions

What are the duties of accounts payable?

Job Duties. The primary function of an accounts payable clerk is to ensure that a company’s bills are paid on time and that the company is not overcharged for any service. The accounts payable person is usually responsible for tasks like: Sometimes the accounts payable person is also responsible for accounts receivable.

What is the job description of accounts payable?

Accounts Payable Job Description. An accounts payable administrator or clerk is generally responsible for processing invoices and issuing payments. A number of related tasks are included in this function. Adapt the sample job description to reflect the accounts payable duties, responsibilities and skills required for this position in your company.

What does accounts payable means?

Accounts payable are amounts a company owes because it purchased goods or services on credit from a supplier or vendor. Accounts receivable are amounts a company has a right to collect because it sold goods or services on credit to a customer.


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