Accounts Receivable vs. Accounts Payable: How They Impact Bottom Line

Accounts Receivable vs. Accounts Payable: How They Impact Bottom Line

Accounts receivable and payable management is essential for steady cash flow. However, before you can manage these accounts, you need to understand what each one means and how they differ. This article will explain the distinctions between accounts receivable vs. accounts payable and show how each impacts your business’s financial health.