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Accounts payable |
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Accounts payableMoney owed to suppliers.Accounts payableAmounts owed by an organisation or individual to another for goods or services it has received.Similar MatchesAccounts receivableAccounts receivableAmounts due to an organisation or individual from another for goods or services it has supplied. Personal accountsPersonal accountsA company's sales accounts of customers contained in the sales ledger and purchase accounts of suppliers contained in the purchase ledger are also known as personal accounts. Accounts receivableAccounts receivableMoney owed by customers. Accounts receivable financingAccounts receivable financingA short-term financing method in which accounts receivable are collateral for cash advances. See: Factoring. |
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