<html><head><meta http-equiv="Content-Type" content="text/html; charset=ISO-8859-1"><title>13.1. Basic Concepts</title><meta name="generator" content="DocBook XSL Stylesheets V1.45"><link rel="home" href="index.html" title="GnuCash Tutorial and Concepts Guide"><link rel="up" href="chapter13.html" title="Chapter 13. Accounts Payable"><link rel="previous" href="chapter13.html" title="Chapter 13. Accounts Payable"><link rel="next" href="bus_ap_setup1.html" title="13.2. Initial Setup"></head><body bgcolor="white" text="black" link="#0000FF" vlink="#840084" alink="#0000FF"><div xmlns="http://www.w3.org/TR/xhtml1/transitional" class="navheader"><table width="100%" summary="Navigation header"><tr><th colspan="3" align="center">13.1. Basic Concepts</th></tr><tr><td width="20%" align="left"><a accesskey="p" href="chapter13.html"><<<Prev</a></td><th width="60%" align="center">Chapter 13. Accounts Payable</th><td width="20%" align="right"><a accesskey="n" href="bus_ap_setup1.html">Next>>></a></td></tr></table><hr></hr></div><div class="sect1"><div class="titlepage"><div><h2 class="title" style="clear: both"><a name="bus_ap_concepts1"></a>13.1. Basic Concepts</h2></div></div><p>This chapter will focus on Accounts Payable (or A/P). A/P refers to the accounting of products or services that your company has bought, for which payment needs to be scheduled.</p></div><div xmlns="http://www.w3.org/TR/xhtml1/transitional" class="navfooter"><hr></hr><table width="100%" summary="Navigation footer"><tr><td width="40%" align="left"><a accesskey="p" href="chapter13.html"><<<Prev</a></td><td width="20%" align="center"><a accesskey="h" href="index.html">Home</a></td><td width="40%" align="right"><a accesskey="n" href="bus_ap_setup1.html">Next>>></a></td></tr><tr><td width="40%" align="left">Chapter 13. Accounts Payable</td><td width="20%" align="center"><a accesskey="u" href="chapter13.html">Up</a></td><td width="40%" align="right">13.2. Initial Setup</td></tr></table></div></body></html>
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