Accounts Payable - What department is Accounts Payable?

Q: What department is Accounts Payable?

Accounts payable is part of the general accounting department, and their specific mission is to manage and oversee 'accounts being paid' or the money flowing out of a business.

Answer

The primary responsibility of accounts payable, which is a subset of general accounting, is to monitor and control the outflow of funds from a company.

Accounts Payable - What department is Accounts Payable?

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