Join IntelliChief on September 22 for an educational webinar covering Accounts Payable Automation for Oracle EBS. Learn how your organization can provide the tools AP needs to accelerate invoice ...

Matching Assets and Liabilities Notes payable are current liabilities and should be matched to current assets. Remember that long-term liabilities should be matched with long-term assets.

Cash is a resource that a business reports in the current assets section of the balance sheet. When it uses cash to repay accounts payable, it reduces its cash balance, which in turn, reduces its ...