What is the difference between accounts receivable (AR) and accounts payable (AP)? [Archive]

adilqureshi14

Aug 16, 2015, 12:06 AM

What is the difference between accounts receivable (AR) and accounts payable (AP)?”

Curlyben

Aug 16, 2015, 12:47 AM

one is money coming IN the other going OUT.

ScottGem

Aug 16, 2015, 09:05 AM

Payables is what you owe and receivables is what is owed you.