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ACCOUNTS PAYABLE

(noun)

Definitions

There is 1 meaning of the phrase Accounts Payable.

Accounts Payable - as a noun

A debtor's accounts of money he owes; normally arise from the purchase of products or services

Example Sentences

"The accounts payable department is responsible for managing and processing all invoices."
"Every month, our company has to reconcile the accounts payable ledger."
"The accounts payable team ensures that all vendor payments are made on time."
"In a small business, the owner often handles the accounts payable duties."
"The accounts payable clerk diligently tracks all incoming invoices."
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