Business
For more information: https://quickbooktoolhub.com/accounts-payable-in-quickbooks/
Accounts Payable in QuickBooks is money that a firm owes its suppliers or vendors for the delivery of goods or services rendered but not yet paid for. This is one of the channels in financial services wherein contracts are maintained to witness and ensure the payment of any outstanding bills for the vendor. Paying vendors on time enhances good vendor relationships, while late payments might attract late payment fees.