Accounts payable is an entry in a company's general ledger representing what it has to pay to vendors or creditors in the short term. Because the accounts payable section of a company's ledger ...

The term "bills payable" is often used interchangeably with the term "accounts payable." As such, a company will treat bills payable in the same manner as it treats accounts payable -- obligations ...

What Is the Difference between Accounts Receivable and Accounts Payable? Your email has been sent Accounts payable and receivable are required to ensure your cash flow and spending are appropriately ...

Accounts payable are the amounts a business owes its suppliers for purchases made on credit. Accounts payable payment period measures the average number of days it takes a business to pay its accounts ...

Accounts payable represents money a company owes to suppliers for goods or services bought on credit. Effective management of accounts payable helps maintain cash flow and build supplier relationships ...

Financial software that deals with money owed by the organization to vendors. It summarizes the amounts owed, handles partial payments and vendor credits and also manages vendor terms, sales taxes ...