{"id":220358,"date":"2025-10-13T14:36:01","date_gmt":"2025-10-13T12:36:01","guid":{"rendered":"https:\/\/easy-software.com\/?post_type=glossar&p=220358"},"modified":"2025-10-13T14:38:55","modified_gmt":"2025-10-13T12:38:55","slug":"accounts-payable","status":"publish","type":"glossar","link":"https:\/\/easy-software.com\/en\/glossary\/accounts-payable\/","title":{"rendered":"\u00a0Accounts Payable"},"content":{"rendered":"
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It manages, verifies, and documents all liabilities<\/mark> to third parties<\/mark> \u2013 that is, to external service providers<\/mark> and suppliers<\/mark>. In doing so, it operates efficiently, transparently, and in full compliance with legal requirements.<\/p>\n\n\n

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What Is Accounts Payable?<\/h2>\n\n\n\n

As a subfield of financial accounting, accounts payable focuses on managing liabilities to so-called creditors. These include all external business partners who invoice for services or products.<\/p>\n\n\n\n

The main task is to record, verify, and release incoming invoices for payment on time. The goal is to:<\/p>\n\n\n\n