Difference Between Accounts Receivable & Accounts Payable Management

While both of these accounting entries may seem to do essentially similar jobs, there are significant differences between accounts receivable and accounts payable management. And it’s important to note that both of these account types typically make up a large portion of a company’s general ledger. That being said, here is an overview on how accounts receivable differ from accounts payable. 

Checkout this blog, here is a detailed description and crisp differentiation between accounts payable and accounts receivable management –