Oct 27, 2025 · Accounts payable is a company’s obligation to pay for goods and services received on credit, typically within 30 to 90 days. Accounts payable (AP), or simply "payables," is the amount still...

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 …

Mar 28, 2019 · Accounts payable can be categorized into trade payables, non-trade payables, and taxes payable. Trade payables refer to payments on goods or services, and non-trade payables refer to …

Paying money (Definition of payable from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

Dec 4, 2016 · The meaning of PAYABLE is that may, can, or must be paid. How to use payable in a sentence.

Sep 18, 2025 · Payables refers to the full range of owed by a business. A business typically keeps close watch over its ability to meet the obligations represented by its payables. Otherwise, late payments …

If a cheque or postal order is made payable to you, it has your name written on it to indicate that you are the person who will receive the money.

This explanation provides comprehensive coverage of the accounts payable process, teaching companies how to manage vendor invoices, maintain internal controls, and ensure accurate financial …

Jun 9, 2025 · The accounts payable components include trades payable, debt, and credit card balances. Let’s talk about these factors and how they affect your accounts payable system as a whole.

Payable primarily refers to any amount of money that a company or individual is obligated to pay to creditors or service providers. This can include a variety of financial commitments such as loans, …