Financial Terms / accounts payable report

Analyzing Cash Flow with AP Reports

The Accounts Payable Aging Report helps companies keep track of costs of doing business, such as mortgages, rent, and utility payments, over time.


Total Amount Due - Payments Made = Accounts Payable.

How do I calculate the accounts payable report?

Calculating an Accounts Payable report is an important part of maintaining accurate financial records. To calculate the Accounts Payable report, you will need to take the total amount due from vendors and subtract any payments already made. This will give you the amount due for the current period. The formula to calculate Accounts Payable is: Total Amount Due - Payments Made = Accounts Payable. Sourcetable provides easy to use tools to help you keep track of your Accounts Payable report.

What is Accounts Payable (AP)?

Accounts Payable (AP) is a measure of cash flow that shows the amount of money a company owes to its suppliers and vendors for goods and services purchased on credit.

What is an Accounts Payable Report?

An Accounts Payable Report is a financial statement that outlines the current status of a company’s accounts payable. It will typically include the amount owed to each supplier, the date the payment is due, and the amount that has been paid.

What information do I need to create an Accounts Payable Report?

In order to create an Accounts Payable Report, you will need to have the following information: the supplier’s name, the date of purchase, the amount due, the date of payment, and the amount paid.

How often should an Accounts Payable Report be updated?

An Accounts Payable Report should be updated regularly. It is recommended that you update the report at least once a month or whenever there is a significant change in the amount owed to suppliers or vendors.

Key Points

How do I calculate accounts payable report?
Total Amount Due - Payments Made = Accounts Payable.
Detailed Information
Accounts payable reports provide detailed information about a company's unpaid and paid bills. This information can be used to effectively analyze spend and monitor the efficiency of the AP process.
Standard Reports
Many standard reports are available to give a snapshot of the company's accounts payable activity. These reports typically include details such as the total amount of open invoices, the total amount of payments made, and the total amount of credits processed.
Custom Reports
Custom reports are also available to give a more in-depth view of the AP process. These reports can include details such as the average number of days it takes to process an invoice, the average cost per invoice, and the total amount of discounts received.

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