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accounts payable

   Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
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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* Accounts Payable -- UBCC has completely re-written its Accounts Payable program to include enhancements, such as the ability to send ACH payments, positive pay to a bank, hold payment on individual invoices, print prior year's 1099s and more.
Call the accounts payable person or controller and find out exactly what information they need in order to process your check.
Accounts Payable Software and Recovery Audit Services Provider Signs 11 of the Fortune 100; 22 of the Fortune 500
 
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