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Who owns the process of closing AP transactions?

April 25, 2022
April 25, 2022

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Q. Who in your organization owns the process of closing the Accounts Payable transactions to the General Ledger and closing the period on a monthly basis? AP or the GL team? A. (Answered by the IOFM Advisory Panel. We provide a cross section for consideration of different practices of member organizations across the U.S. and Canada. Practices often vary between organizations, and there can be a number of different ways that AP professionals approach challenges or handle their…

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