Abacus Oursourcing Solutions
 
Book Keeping
Accounts Receivable
Accounts Payable
Payroll Services
Data Processing
Financial Reporting
Bank Reconciliation
Credit Cards Processing
Loan Mortgages
Insurance
Tax Return / VAT Returns
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Home > Our Services > Accounts Payable
 
Accounts Payable
 

Accounts payable is a file or account that contains money that a person or company owes to suppliers, but hasn't paid yet (a form of debt). When you receive an invoice you add it to the file, and then you remove it when you pay. Thus, the A/P is a form of credit that suppliers offer to their purchasers by allowing them to pay for a product or service after it has already been received.

The Accounts Payable Outsourcing Services provide you with the advantages of cutting edge technology and skilled staff without having to invest in these or buying and maintaining expensive software. We provide industry best practices including Sarbanes-Oxley compliance leading to reduced discrepancies and greater financial control which finally translates into enhanced profitability.

 
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