Accounts Payable Debit Effect

Accounts Payable Debit Effect is the official business definition of Accounts Payable Debit Effect. Accounts payable (AP) are for money owed by a company to its suppliers for goods or services purchased. The debit effect happens when the company pays for a purchase before the supplier sends an invoice. The debit effect is when the company pays the full amount owed before receiving an invoice from its supplier.