Accounts payable

• Money owed by a company and payable within one year. It is listed on the Balance Sheet under Current Liabilities.

• Short term liabilities which reflect the amount owed vendors and suppliers

• Money owed to suppliers.

 Embedded terms in definition
 Balance sheet
Current liabilities
 Related Terms
 Accounts payable management
Accounts receivable
Accounts receivable turnover
Aging of accounts receivable
Average age of accounts receivable
Chart of accounts
Factoring accounts receivable
Ira/keogh accounts
Now accounts
Passbook savings accounts
Payable date
Payable through draft
Pledge of accounts receivable
Stretching accounts payable
Wrap or wrap accounts

<< Accounting standards board Accounts payable management >>

"Green" Banking: Saving the Environment as You Save and Borrow Money: You're probably already recycling paper, glass and plastic. But did you know you also may be able to help save the environment as you do your banking? Here are options that may be available from your bank. More...

Treat people as if they were what they ought to be, and you help them to become what they are capable of being. - Johann Wolfgang von Goethe


Copyright 2009-2019 GVC. All rights reserved.