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Kedra Posted 19 years ago
Science & IT

AP, AR, GL abbreviations. Please explain, thank you!

0My company sells the software for creating property management web sites. One of our perspective customers told this: 02br
02br
01font00"I want a smooth and easy merge with the word processor for all data fields which 02font01font00include late notices, price increases, general mailings for self storage rentals. 02font01font00Rent roll, vacancy listing, auto monthly billing, AP, AR, GL" 02font02br
02br
00I did managed to find the definitions for self-storage, rent-roll, etc, but I failed to find anything which can explain AP, AR and GL in this context. Also, not sure I understood "word processor". Any help will be much appreciated. 02br
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Top answer

0Hi,02br 02br 01font 00One of our perspective00 prospective 00 customers told 00said 00this: 02font 02br 02br 01font 00"I want a smooth and easy merge with the word processor for all data fields which include late notices, price increases, general mailings for self storage rentals. Rent roll, vacancy listing, auto monthly billing, AP, AR, GL" 02font 02br 02br 01font 00I did managed to find the definitions for self-storage, rent-roll, etc, but I failed to find anything which can explain AP, AR and GL in this context. 02br 02br 00Accounts Payable, Accounts Receivable, General Ledger (ie financial terms)02br 02br 00Also, not sure I understood "word processor".

— Clive

  • 0Hi,02br 02br 01font 00One of our perspective00 prospective 00 customers told 00said 00this: 02font 02br 02br 01font 00"I want a smooth and easy merge with the word processor for all data fields which include late notices, price increases, general mailings for self storage rentals.
  • Rent roll, vacancy listing, auto monthly billing, AP, AR, GL" 02font 02br 02br 01font 00I did managed to find the definitions for self-storage, rent-roll, etc, but I failed to find anything which can explain AP, AR and GL in this context.
  • 02br 02br 00Accounts Payable, Accounts Receivable, General Ledger (ie financial terms)02br 02br 00Also, not sure I understood "word processor".
  • 00It's the computer software you use to write letters, etc.
  • 02br 02br 00Any help will be much appreciated.
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9 Answers
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0Hi,02br
02br
01font00One of our perspective00 prospective 00 customers told 00said 00this: 02font02br
02br
01font00"I want a smooth and easy merge with the word processor for all data fields which include late notices, price increases, general mailings for self storage rentals.
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0 Clive, many thanks for your quick assistance! I appreciate this. 0-
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Hi,

They are all standard accounting terms.

AP = Accounts Payable

AR = Accounts Receivable

GL = General Ledger

Clive
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AP is Accounts Payble -- system for tracking the paying out of money from the business to vendors
AR is Accounts Receivable -- system for tracking the receivables -- money customers owe to the business
GL is the General Ledger -- system for keeping track of all money flows within a business.

For example, Quickbooks includes AP, AR, and GL functions.

Larry
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AP-Accounts Payable

AR-Accounts Receivable

GL-General Ledger
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thank you so much dear .. very help full me
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thank you so much sir , for my help , you answer help me to find the actual meaning of AP/AR/GA
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