![]() Accounts payable focuses on outgoing money, like bills that need to be paid. Generally, the accounts payable provides administrative and clerical support for a subset of a company’s financial needs. So, let’s take a moment to look at what accounts payable is. That’s right there are a dozen or so accounts payable positions, not only one. Instead, accounts payable job titles encompass everyone in the entire department. Sure, the two positions are both finance-oriented and can share some responsibilities, but they also differ in several key areas.Īdditionally, there isn’t just one accounts payable role. ![]() What Is the Accounts Payable Position?įirst, you need to understand accounts payable isn’t necessarily the same thing as being an accountant. Let’s take a closer look at the accounts payable job description so that you can figure out if it’s the best direction for your career. So, if you want to make sure that your employer keeps the lights on, accounts payable duties might be right for you. And, since a single missed payment can spell disaster, businesses make having a strong accounts payable team a priority. Without them, companies may have trouble tracking their obligations. The accounts payable job description covers a crucial part of an organization’s finance team. And, where there are bills, there’s accounts payable. Whether it’s electricity for the facility, parts for making products, software services to maintain operations, or anything else, it comes with a bill. You can’t exist as an entity without owing someone something. There’s one thing that’s true about every company they have bills to pay.
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