Accounts Payable

Services Accounts Payable

Accounts Payables

It is a reponsible for processing all invoice and non-payroll payments, and it's money owed by a company to its creditors/vendors.
Accounts payable and its management is a critical business process through which an entity manages its payable obligations effectively. Accounts payable is the amount owed by an entity to its vendors/suppliers for the goods and services received.

Specifically Accounts Payable is responsible for:

  • Records of all vendors on a daily basis, iincluding direct or indirect
  • MAintain precise records of all vendors in payments.
  • Monitor tax liabilities and ensure tax liabilities are paid on time.
  • Responsible for paying and keeping a record of all invoices.
  • Keep track of all company credit card spending and make payments on credit accounts.
  • Analyze all accounts on a monthly, quarterly, and annual basis to ensure payment accuracy.
  • Work collaboratively with various departments to perform accounting audits.
  • Prepare and mail all required tax documents.
  • Research and approve new vendors and create a new vendor accounts.