article thumbnail

Accounts payable vs. accounts receivable: What are the differences?

ThomsonReuters

Accounts payable and accounts receivable are opposite but interconnected procedures. When accounts payable and accounts receivable are in balance, a business can plan ahead for growth. Let’s take a look at their differences. What is the difference between accounts receivable and accounts payable?

article thumbnail

NetSuite for Government Helps State and Local Agencies Move to the Cloud for Better Efficiency

CPA Practice

With built-in industry-specific functionality, such as Governmental Accounting Standards Board (GASB) reporting, organizations can reduce manual work to refocus staff on higher value opportunities that better serve their communities. “No