Accounts Payable Debit Effect

Accounts Payable Debit Effect

Accounts Payable Debit Effect

oboloo’s Glossary

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.