Hi
To All
i want to know what is Account receiveable & Payable i have well experence but i have interviev regarding AR & AP
so can any one giude me on this ?
i will be very thanks ful for that.
mokind sawant (Accountant) (253 Points)
26 February 2010Hi
To All
i want to know what is Account receiveable & Payable i have well experence but i have interviev regarding AR & AP
so can any one giude me on this ?
i will be very thanks ful for that.
Alok Bansod
(Accounts executiv)
(135 Points)
Replied 27 February 2010
AR - are debtors, from whom u r going receive payment for sale etc, Ap- are creditor, to them u r going to pay for purchase, expenses etc.