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About the Product
To manage account payable, businesses typically need vendor bank account details, payment vouchers, purchase orders or contracts or agreements with the vendor and supplier
Typically Targeted at
All businesses
This refers to the amount that a business owes to its suppliers or vendors for goods or services received. In India, as elsewhere, managing accounts payable efficiently is crucial for maintaining good business relationships and optimizing cash flow. For example, a restaurant in Mumbai might have accounts payable for purchases made from food suppliers, which it needs to pay within agreed payment terms.
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