Accounts Payable Responsibilities – Indian Accounting
1. Manage accounts payable, vendor invoices, payment processing & vendor reconciliation.
2. Verify invoices, purchase orders & supporting documents before processing payments.
3. Monitor outstanding payables and prepare AP aging reports for pending payments.
4. Process GST-compliant invoices and ensure accurate accounting entries.
5. Reconcile vendor accounts, bank transactions & TDS/GST records.
6. Coordinate with vendors to resolve invoice discrepancies, payment issues & queries.
7. Maintain accurate records as per Indian accounting standards & tax regulations.
8. Process vendor payments and ensure timely settlement of outstanding balances.
9. Assist with month-end closing and prepare AP reports for management.