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This book is printed on acid-free paper. Copyright © 2004 by Mary S. Schaeffer and the Institute of Management and Administration, New York, NY. All rights this series focuses on four core strategies: accounts receivable, accounts payable, cash management and inventory. This second installment looks at accounts Professional data management with accounts payable invoices. Account assignment stamps, pre-scanning and entry slips will soon be a thing of the past. Finding ways to optimize your accounts payable management provides significant benefits, particularly for small business owners who rely on working capital more. accounts payable management refers to the procedures, policies, and practices a company uses to manage trade credit purchases. These tasks include:. Accounts Payable (AP) is paying invoices and processing reimbursements. bu.edu//tech/files/2016/01/FIN_AP_FB03_DisplayDocwithAddInform.pdf.Abstract: The study examined the effect management of accounts payable on the financial performance of. Industrial/Domestic manufacturing companies in 1. Accounts Payable. Accounts Payable is the business function through which an entity's obligation to pay an external or internal vendor is recorded,