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Accounts Payable Process Flow

oboloo Glossary

Accounts Payable Process Flow

The official business definition of Accounts Payable Process Flow is a process wherein a business organization approves and pays for the goods and services that its employees or departments have ordered or received.

In addition, this process refers to the usual steps that are followed when approving, paying and processing all accounts payable (which in itself refers to all bills and invoices that need to be paid).

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