Alani Bookkeeping

Accounts Payable, Cheque Run, & Accounts Receivable

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Accounts Payable - money owed by a company to its creditors.

https://www.shopify.ca/encyclopedia/accounts-payable

Cheque Run - the process of printing a series of cheques automatically using a computer

Accounts Receivable - money owed to a company by its debtors.

https://www.shopify.ca/encyclopedia/accounts-receivable#:~:text=Accounts%20receivable%20are%20the%20monies,and%20when%20payment%20is%20due.