Definition Money which a company owes to vendors for products and services purchased on credit. This item appears on the company's balance sheet as a current liability, since the expectation is t [..]

Amount due to suppliers of a business.

n. bills that are owed.

A stage in the approval process used to review and, if necessary, edit payment data before releasing items for payment.

Sales : Accounts Payable divided by Annual Sales, measuring the speed with which a company pays vendors relative to sales. Numbers higher than typical industry ratios suggest that the company is using [..]

Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal l [..]

All the debts currently owed by an individual or business for services, raw materials or inventory.

The amount owed to others for services or merchandise received by the organization.

Accounts payable, or AP, represent money owed by a company or household for goods and services already received. These are short-term debt obligations.   Businesses list AP as current liabilities on [..]

A user who is authorized to approve items for payment at one of the levels defined in the approval process for releasing payments.

alphanumeric tax code

A provider of electronic funds transfer services in the United Kingdom, handling automated payments such as direct debit, direct credit, and standing orders.

An identification number that BACS issues to each company authorized to use the BACS system.

A system object that is used in the Netherlands for chain liability procedures. It contains the following information:

A user of a Payment Release List application who is responsible for one or more payment release lists.

A notification of a delivery, payment or the receipt of a letter of credit (in foreign transactions).

An application used to process, approve, and release items for payment.

Subproject of the SPED initiative in which companies send their fiscal information to the government using electronic means.

A tax imposed on the use of personal property and especially property purchased in another state.

 A retailer's or wholesaler's unpaid bills and invoices; the money owed to vendors and suppliers.account planning:

 A firm’s promise to pay a vendor for goods or services provided.

All monies a business owes a creditor for the provision of its goods or services. Accounts receivables

Accounts payable refers to the money a business owes to others; current liabilities incurred in the normal course of business as an organisation purchases goods or services with the understanding that payment is due at a later date. Accounts payable is also the department within an organisation responsible for paying invoices on behalf of the organ [..]

trade receivables

Money owed to suppliers.

n. bills that are owed.

Money owed to suppliers.

Debts owed by a company or other party for goods or services that are payable within one year.

Amounts that a business owes to its vendors for goods and services that were purchased from them but which have not yet been paid.

The monies the company owes for goods or services received, but not yet paid for.

The value of goods and services acquired for which payment has not yet been made.

Accounts Payable function is the department responsible for ensuring that an organisation pays its invoices appropriately.  See also Accounts Receivable.

A current liability account which represents owed, but unpaid balances to vendors. Your personal credit card balance is an example of an accounts payable.

AP Money owed by a business to its suppliers shown as a liability on a company's balance sheet.

 “An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable

Money owed by a company or individual for the goods or services they have received.

Money owed by an organization to its suppliers and/or vendors for goods or services purchased.

money owed by a company to its creditors.

A liability to a creditor, generally an open account. Usually limited to unpaid purchases of goods and services.

Amount owed to a creditor, usually a supplier, arising from purchase of materials, supplies, or services, not necessarily due or past due

An amount owing to a creditor, usually arising from the purchase of goods or services, that is due to be paid within a 12- month period or within the normal operating cycle (where the cycle is longer [..]

A record of all short-term invoices, bills and other liabilities yet to be paid.

Accounts Payable is the money that is owed to a company’s creditors. An example would be when a company buys goods from a supplier on open terms. That company owes the supplier payment for these goods. Accounts payable represents the money that is owed to the supplier and is a Current Liability on the Balance Sheet.

AP or Accounts Payable Aging

A section of the Office of Financial Services. 

Accounts payable is the term used to describe the unpaid bills of a business; the money owed to suppliers and other creditors. The sum of the amounts owed to suppliers is listed as a current liability [..]

The company's current liability owned to creditors for goods and services obtained during the normal course of business.

Money due to suppliers. Also called payables and trade payables.

The amounts due trade creditors and others for supplies and services purchased. Worksheet G, Line 37. Sourced from CMS HCRIS database.

Obligations to pay for goods or services that have been acquired on open accounts from suppliers. Accounts Payable is a current liability in the Balance Sheet.

Amounts due for payment to suppliers of goods or services, also described as trade creditors.

amounts owed by the company for the goods or services it has purchased from outside suppliers.

 The amount of money owed, or payable, to the creditors of a business. accounts payable subsidiary ledger

The amount of money that a company owes to its creditors.

short term debts incurred as the result of day-to-day operations.

is the function in an organisation that pays the invoices to suppliers. The accounts payable department was also called bought ledger or purchase ledger because ledgers or books were used before compu [..]

A balance sheet item representing the amount of money a company owes to its creditors.

Money owed by a concern for goods and services purchased or received on credit.

Amounts owed by an organisation/individual for goods/services received from suppliers.

Amounts owed to private persons or organizations for goods and/or services received by the state. Accounts Payable does not include amounts due to other agencies, funds, or other governments. Refer to [..]

The function that administers accounts with suppliers resulting from the receipt of goods and services.

record of purchases and payments made to suppliers.

An element on the user interface represented by a pushbutton that users can choose to perform different tasks when processing open items and working with payment release lists.