Accounts Payable (AP) Reports: Definition, Examples & Benefits

Learn more more about AP reports & dashboards: bit.ly/3y93dTT
Accounts payable (AP) refers to the short-term debts a company owes its creditors and suppliers. The accounting team is tasked with ensuring these bills get paid, and they use AP reports to help. AP reports assist in tracking invoices, ensuring vendors are paid accurately and on time, measuring various metrics related to spending, and managing cash flow. Three common AP reports include: the AP aging report, history of payments report and invoice cycle time.
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