What is AP Process

In large companies,accounts department is very big having number of employees

There are basically 2 main departments

1.AP Process (Accounts Payable Process)

2.AR Process(Accounts Receivable Process)

AP Process deals with various expenses and their payments like payment to vendors,salary payment,handling travel reimbursemnts of employees,petty cash reimbusements etc

AR Process deals with Sales and Other Revenues.Hence it is mainly concerned with Making Sales and Collection of money from time from debtors