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accounts payable
(redirected from account payable)

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Accounts payable
Money owed to suppliers.
accounts payable
Money a business owes to others. Accounts payable are current liabilities incurred in the normal course of business as a firm purchases goods or services with the understanding that payment is due at a later date. If a firm pays cash for all of its purchases, no accounts payable will appear on that firm's balance sheet.
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Madsen remitted checks from FB's account payable to KCL, to purchase insurance products.
Providing plan administrative services results in potential liability by Lindbloom, John W. / The Tax Adviser
So Harry the publicist, a man with whom I play pool, softball and an occasional hand of poker, announced he had the solution to that ongoing account payable we call the Simpson case.
LOCAL VIEW : HOW TO MAKE O.J. CASE PAY COUNTY COULD AUCTION OFF TRIAL ... by Daily News (Los Angeles, CA)
Once Levine, Cooper accountants have the general ledger data on their computers, they use another Prentice Hall product, Answers, to perform more analytical functions such as calculating more than 100 standard ratios: the dollar amount of account payable versus turnover, overhead costs to labor, cost to sales and additional ratios can be added that are specific to certain industries.
Accountants turn to software to speed computation: programs eliminate ... by Goldgaber,, Arthur / Los Angeles Business Journal
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