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The accounts payable is part of a company's accounting department. Accounts payable makes payments to outside firms that supplies it with a service or product.
Three most important reports generated by the accounts payable department?
If the packing slip shows a shortage, the accounts payable department should send it back.
An accounts payable clerk is a position where one works in a specific division of an accounting department. An accounts payable clerk is the one that is responsible for making payments on behalf of the company one works for in order for payments to be made on time.
Accounts Payable
The accounts payable is part of a company's accounting department. Accounts payable makes payments to outside firms that supplies it with a service or product.
Three most important reports generated by the accounts payable department?
If the packing slip shows a shortage, the accounts payable department should send it back.
If the packing slip shows a shortage, the Accounts Payable department should send it back.
The 'History of Payment' report is one of the three most important reports generated by the Accounts Payable department. The other two most important reports are the 'Reconciliation of Accounts' report, and the 'Voucher Activity' report.
An accounts payable clerk is a position where one works in a specific division of an accounting department. An accounts payable clerk is the one that is responsible for making payments on behalf of the company one works for in order for payments to be made on time.
The 'History of Payment' report is one of the three most important reports generated by the accounts payable department. The other two most important reports are the 'Reconciliation of Accounts' report, and the 'Voucher Activity' report.
Accounts Payable
Accounts Payable clerk
Weighted Average Accounts payable = Opening period accounts payable + closing period accounts payable divided by 2 Example: Opening Accounts payable = 10000 Closing accounts payable = 20000 Average = 30000/2 = 15000
If the packing slip shows a shortage, the Accounts Payable department should send it back.
A trade payable is another term referred to as an account payable. Most companies have an accounts payable department responsible for making sure money is paid to other parties that the company received a service from.