Def - Posting GL Account - A/P Account

The Accounts Payable Account is the Balance Sheet Account that Purchase Transactions post to. This comes from the "Accounts Payable" Account Type on the Vendor Master File. For an AP Invoice, this is the GL Account that is Credited and for an AP Credit Memo, this is the GL Account that is Debited. The offsetting GL Account(s) come from the Purchase Accounts on the transaction or transaction item.