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NetSuite Interview Question

What is more important Accounts Receivable or Accounts Payable?

Interview Answer

Anonymous

Apr 15, 2017

My answer is in two perspectives: 1. In a simple sense, AR because it is an asset. 2. In an accounting sense, Accounts Payable because for a business to expand it needs to have proper financing strategies. And for you to be able to generate AR you need to have Purchases in the account of AP.