Accounts Payable job description and duties

account payable  Lesson Summary Accounts payable are the short-term financial obligations of a company related to the purchase of goods and services For example, a business The accounts payable process has more moving parts than many accounting and finance

A company's accounts payable ledger lists its short-term liabilities — obligations for items purchased from suppliers, for example, and According to Generally Accepted Accounting Principles , accounts payable are supposed to be current liabilities, liabilities that you

The Accounts Payable department is responsible for the financial, administrative and clerical support of a company They are in charge of making Key Learning Points · Accounts payable is a current liability which represents amounts owed to suppliers for goods and services where an invoice