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I am looking into an accounts payable job and had a few questions. Please only truthful honest answers, What does it mean to "accure your payables". If I needed to code an invoice that was going to be reimbersed by an employee, would I code it to an asset acct, liability acct, revenue acct, or expense acct?
Thank you again for your help.

2007-12-10 05:08:48 · 2 answers · asked by KRDB 2 in Business & Finance Careers & Employment Administrative and Office Support

I do have some very limited experience in accounts payable. I worked in a small office that I handled the bills coming in, however checks were not cut in our office. So my experience is very limited, but I would love to expand

2007-12-10 05:18:29 · update #1

2 answers

Accrue your payables means you enter them in the system as payable so they're on the books. If an expense is going to be reimbursed by an employee, then it's a receivable (asset).

2007-12-10 05:13:10 · answer #1 · answered by the Boss 7 · 2 0

Please don't be offended but if you can't answer those questions you're not right for the job...

2007-12-10 05:11:25 · answer #2 · answered by vinster82 5 · 0 5

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