Talk:Accounts payable
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Subledger
Accounts payable is a subledger of the general ledger, is it not? 205.217.105.2 16:01, 6 September 2005 (UTC)
Let's make accounts payable exciting, people.
As a fellow accountant...I'll try my best, but I prefer accounts receivable. :)
- Well, I'm not an accountant, but I just rewrote the intro to try to make it a little more easy to understand for the peasants and sex it up a little with an example of Dells mastery of the A/P. Sbwoodside 06:31, 9 June 2007 (UTC)
This article is far from complete and doesn't define the Accounts Payable process, its purpose nor its relationship to Purchasing, Budget and Accounting. The reference to Dell as a company who bills prior to shipping is incorrect.
Accounts Payable is a liability account on the General Ledger. The collection of individual amounts due vendors comprises the sub-ledger to the Accounts Payable account.
Account Payable is a module in SAP .