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ACCOUNT PAYABLE

(noun)
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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)
payable

Example 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."
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