Accounts payable
Accounts payable (AP) is the liability on your balance sheet that represents money your company owes to suppliers for goods and services received but not yet paid.
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Accounts payable explained
Indirect spend, ACH, and 3-way match. You come across many words and terms in accounts payable and invoice processing that seem complicated. We're here to untangle the complexity with definitions and examples you actually understand.
Letter A
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Letter I
Invoice coding
Invoice coding means recording a business transaction in the correct account.
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