NOUN
- a debtor's accounts of money he owes; normally arise from the purchase of products or services
How To Use accounts payable In A Sentence
- Complex ERP systems make the invoice matching process more reliable and allow invoice approval tracking, so the accounts payable department can check the status of supplier invoices.
- An administrative support team handled such matters as payroll, accounts payable, purchasing, and employment sourcing.
- Its design lets users establish as many distinct ledgers as are required, such as projects, expenses, accounts payable and accounts receivable.
- The difference is that accounts payable are for bills the company receives from other businesses. And accrued expenses are accounting entries a company makes in anticipation of being billed.
- Assist Accounting Specialist to manage Accounts Payable, including staff expense claim, 3 rd party payment.
- Import: settlement of accounts payable, negotiation and collection of documentary bills drown on foreign investment enterprises.
- Part of this agreement states that both partners should be honest and fair by showing each other all the accounts payable and receivable on a monthly basis to maintain total trust through the duration of the partnership.
- The accounts payable program not only prints checks, reconciles bank accounts and produces expense reports, but it also allows club owners to track bank accounts, cash flow, checks, invoices and vendors.
- The short-term financial commitments of a company, such as accounts payable, taxation and dividends payable, usually due within 12 months.
- Vouchers for reimbursement of imprest accounts should be prepared and submitted to accounts payable within the month.