A/R Finance & Factoring Terms GLossary

What isA/P or Accounts Payable Aging

A periodic report that categorizes a company’s accounts payable according to the length of time an unpaid invoice has been outstanding. Similar to accounts receivable aging, it is a critical management tool as well as an analytic tool that helps determine the financial health of a company by its ability to pay its bills on time. Credit memos and partially paid invoices will also be listed on the A/P Aging.

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OTHER TERMS BEGINNING WITH "A"

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