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Accounts payable system flowchart.
Regardless of the company s size the mission of accounts payable is to pay only the company s bills and invoices that are legitimate.
Accounts payable process flow chart conceptdraw diagram diagramming and vector drawing software extended with accounting flowcharts solution provides the useful tools that will help you create easily and quickly.
Accounting flowchart is a pictorial way to represent the flow of data in an organization and the flow of transactions process in a specific area of its accounting or financial department.
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Though it sounds simple the accounts payable process becomes more difficult as companies get larger so you ll want to review these terms before building your accounts payable process flowchart.
The document prepared by a company to delineate precisely what the company is ordering from a vendor.
The accounts payable process might be carried out by an accounts payable department in a large corporation by a small staff in a medium sized company or by a bookkeeper or perhaps the owner in a small business.
A flowchart showing ap invoice to payment process.
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