What is meaning of accounts payable ,why should you choose accounts payable in your carrier.

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Accounts payable refers to the amount of money a company owes to its suppliers or vendors for goods or services received.

Accounts payable is a liability on the balance sheet and represents the company's short-term obligations.
It includes invoices from suppliers, outstanding bills, and other payables.
Managing accounts payable effectively is crucial for maintaining good relationships with suppliers and ensuring timely payments.
Choosing accounts payable as a career can provide opportunities for financial analysis, vendor management, and process improvement.
It allows for exposure to financial systems, negotiation skills, and understanding of cash flow management.
Example: As an accounts payable analyst, you would be responsible for reviewing and processing invoices, reconciling accounts, and resolving payment discrepancies.

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