ACCOUNT PAYABLE
(noun)Did you mean?
Definitions
There is 1 meaning of the phrase
Account Payable.
Account Payable - as a noun
A liability account showing how much is owed for goods and services purchased on credit
Example: "The problem was to match receivables and payables in the same currency"
Synonyms (Exact Relations)
payableExample Sentences
"The account payable for that invoice is due at the end of the month."
"We need to update the account payable ledger to reflect the new payment."
"She is responsible for managing the company's account payable department."
"Please send the account payable statement to the finance team for review."
"The account payable clerk is in charge of processing invoices and making payments."
Word Variations & Relations
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Phrases
accounts payable