Debts your business owes to creditors.
The AP process receives all payable information, sends payment information to the US Treasury, and provides financial data for GL entry.
This represents what a business owes to its suppliers and other creditors at a given point in time.
Money owed by your organization according to bills or invoices already received.
the amount the business enterprise owes its creditors, usually the business that have supplied it with goods and services. Page 328
A current liability of a company owed to creditors and/or suppliers for goods and services obtained in the normal course of business.
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 DUE TO...
A short-term liability account reflecting amounts owed to private persons or organizations for goods and services received by a government.
Amounts owing by a business, usually called creditors (in the UK).
a debtor's accounts of money he owes; normally arise from the purchase of products or services
This is the money that your company owes to its vendors.
Amounts due from the firm to its suppliers for goods and/or services purchased on credit; a form of current liability.
Amount owing to creditors for goods and services on an open account.
An amount owing to a creditor, usually arising from the purchase of goods or services, that is to be paid within a 12-month period or within the normal operating cycle. Examples include amounts owed to suppliers on account, or property taxes and interest.
The amount of money that you owe for goods or services that you bought.
A liability account, representing amounts owing to creditors (other than banks) for the purchase of goods or services on credit.
Accounts Payable (A/P) is the monies the company owes for goods or services received, but not yet paid for.
Commonly used for vendor accounts.
A module in Oracle Financials used to record payments to our creditors.
Amounts owed by the business for purchases made on credit. These amounts are paid by the business after a time lag that is measured by Days Payable Outstanding ( DPO).
Record of what you owe. The records of what you owe each supplier, taken together are your accounts payable, (A/P)
Is money you owe to suppliers and other business creditors as a result of purchases of stock and other expenses such as overheads and taxes.
Debts the company must pay off within the year; that is, they are a current liability. Typically, these debts are to the company's suppliers. The accounts payable amount is subtracted from the sales or revenue amount on a balance sheet when net income and net worth are calculated.
Debts owed by the campus to others. The Accounts Payable department (949) 824-2469 handles these.
Amounts owed to others on the basis of invoices or other evidence of receipt of goods and services, i.e., the amount of goods and services received but not yet paid.
One of the integrated applications which will offer a complete accounts payable solution that helps process invoices quickly and efficiently so that focus can be placed on key payables activities like cash management and improving accountability. Payables also handles employee expense reports, Quick Checks, and Procurement Card transactions.
Accounts payable are debts resulting from purchasing assets or receiving services on credit. Put simply therefore, you have accounts payable when you have not yet paid for the assets or services you have received.
A liability created by buying goods or services on credit.
Amounts owed to others for goods and services received and assets acquired.
amounts that your business owes as evidenced by invoices or other documents. Invoices paid by check or cash as they are incurred are generally not run through accounts payable. Only outstanding items, which will be paid at a later date are generally included in accounts payable.
Payments to suppliers and various creditors. A document stating the fact, that you owe something. The total sum of debts to suppliers.
Amount owed by a business to suppliers of goods and services.
Money owed by a company for goods or services purchased that is payable within one year. A current liability on the balance sheet.
Also called A/P. These are bills that your business owes to the government or your suppliers. If you have "bought" it, but haven't paid for it yet (like when you buy "on account") you create an account payable. Accounts payable are found in the liability section of the balance sheet.
A company’s debts towards suppliers of goods and services. Listed in the current liabilities section on the balance sheet.
money that you owe to creditors for goods or services purchased.
are amounts to be paid to suppliers from whom purchases have been made on credit ("creditors").
A liability arising when a vendor provides goods or services that are not immediately paid for and where the liability is not formalized in writing but backed by the reputation and credit worthiness of the debtor. When a business using the accrual basis of accounting purchases goods or services the company reports an expense and an account payable. When payment is made the account payable is reduced.
Accounts payable is one of a series of accounting transactions dealing with the paying of suppliers to which one owes money for goods and services. The average household performs this task by writing checks each month to such suppliers as the electric company, telephone company, cable TV or satellite dish service, the local newspaper, and so on.
A summary of money a business owes to others.
The money a business owes its suppliers or creditors.
amounts due to suppliers who have provided inventory to the company (A/P).
Money owed to someone else.
Amounts owed on an open account to creditors for goods and services.
A section of the Office of Financial Services.
A liability representing monies owed for goods or services purchased on credit.
Money owed by a business for goods and services provided without pre-payment.
Amounts owed by a business for goods or services rendered. · See Also · Accounts Receivable
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.
Business debts that generally are payable within thirty days.
Liabilities on open accounts owed to private persons, firms or corporations for goods and services received.
The amount owed by the organization to outside sources for items and services.
Money owed by a business for goods and services received.
amounts owed by the company for the goods or services it has purchased from outside suppliers.
Liabilities created by purchases made on credit.
are amounts owed to suppliers or vendors.
the money you owe to providers of services or products.
money owed by a person or company. Accounts payable are carried in the current liabilities section of the firm's balance sheet.
Accrual account. Amount owed by the firm to vendors, consultants or others for merchandise or services provided to firm.
A running record of business transactions showing the amount of money owed. They are considered liabilities by lenders.
Money which you owe to an individual or business for goods or services that have been received but not yet paid for.
a liability owed by the business for goods purchased or services used.
The amount of money a company owes for goods and services it has received; any outstanding debt that a company has.
Amounts companies owe suppliers for goods and services. Listed in the current liabilities section on the statement of financial position.
A liability created by purchases on credit. Reflects money you have to PAY to others.
A retailer's or wholesaler's unpaid bills and invoices; the money owed to vendors and suppliers.
Amounts owed for the purchase of inventory, goods, or services acquired in the normal course of business.
A current liability representing the amount owed by an individual or a business to a creditor(s) for merchandise or services purchased on an open account or short-term credit.
Money owed by a business to suppliers of goods or services. Accounts payable are considered current liabilities on the balance sheet.
Amounts owed by an entity as a result of the purchase of goods or services
An unpaid amount owing to private persons or organizations for goods or services received.
The value of goods and services acquired for which payment has not yet been made.
Money owed to suppliers by the company.
Trade accounts of businesses representing amounts owed for goods or services received.
Money you owe for goods or services already received.
money that your company owes to vendors. Money your company expects to pay out in the future.
The sums owed by business entities to creditors that are due and payable in one year or less.
Outstanding credit payable to suppliers.
Amounts owed to creditors for items or services purchased from them.
Money owed by a company to its suppliers of goods and labour, usually a current liability.
Money the company owes to vendors who supplied goods or services on credit.
Trade accounts of businesses representing obligations to pay for goods and services received.
Accounts Payable is the money owed by a company such as bills to be paid as part of the normal course of business. Accounts Payable is one of the most common liabilities which normally appear in the Balance Sheet listing of liabilities.
Debts of the business, often to suppliers, and generally payable within 30 days.
The outstanding bills of an enterprise; money owed to suppliers for goods and services purchased for the normal operations of the venture. Accounts payable are included on the balance sheet under current liabilities.
Amounts owed by a business that are payable within one year. These are listed in the current liabilities section of a balance sheet.
Money a company owes to its to suppliers. Accounts payable are a liability of the company.
The amount of money a business owes for goods and services it has received from vendors and suppliers.
Also called A/P, accounts payable are the bills your business owes to suppliers.
Amounts owed, usually restricted to amounts due from the sale of goods or services. Accounts payable is a current liability with a normal credit balance.
Money that a business owes others, primarily for goods and services.
Amounts owed by an individual to another for goods or services it has obtained
Debts you have as a result of purchasing assets or receiving services on an open account or on credit. You have accounts payable when you have not yet paid for the assets or services you have received.
Amounts due from your business to your creditors. Generally these are short term liabilities (30-120 days), and are shown under the Current Liabilities section in the Balance Sheet. (What you owe to other folks.)
Money a company owes to suppliers. By adding accounts payable, short-term debt and interest on long term-debt together we arrive at a companyâ€(tm)s current liabilities.
Amounts owed by an individual or company to a creditor for merchandise or services purchased on an account.
Liabilities owed by a company to creditors for goods or services
Money that a company owes to suppliers of goods and services purchased on credit . The accounts payable amount is a liability to the company. (Compare with accounts receivable .)
A current liability showing the amounts due others within a period of one year where such liability resulted from the purchase or manufacturing of inventory.
The money that a business owes to its trade creditors. This money is a liability of the business.
Money due to suppliers. Also called payables and trade payables. Français: Dettes passives Español: Cuentas a pagar
This is an entry on the balance sheet for money that is owed to vendors of the company. Generally these amounts will be paid within the next 60 days, so they are not considered to be short term loans.
The amount owed by a business to its suppliers or vendors.
The amount owed to creditors for goods and services. Analysts look at a company's relationship of accounts payable to purchases for indications of sound financial management. See: Accounts Receivable
Debts of a company for goods or services purchased that must be paid within one year. These debts are listed as a current liability on the company's balance sheet.
Money owed to another person.
This current liability account will show the amount a company owes for items or services purchased on credit and for which there was not a promissory note. This account is often referred to as trade payables (as opposed to notes payable, interest payable, etc.) To Top
Money owed by the firm to vendors for services or materials.
Stocks Money owed to suppliers.
Amounts owed by a business to its creditor.
Accounts payable is one of a series of accounting transactions covering payments to suppliers owed money for goods and services. The average household performs this task by writing cheques each month to such suppliers as the electric company, telephone company, cable television or satellite dish service, newspaper subscription, and other such regular services.