Doe Freshbooks handle Accounts Payable?
It does not. Freshbook’s focus is entirely on receivables. It does have expense tracking, but this is only so you can draft invoices to send to your clients.
Accounts payable (AP) is an accounting entry that represents a company’s obligation to pay off a short-term debt to its creditors or suppliers. It appears on the balance sheet under the current liabilities. Another common usage of AP refers to a business department or division that is responsible for making payments owed by the company to suppliers and other creditors.
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