Accounts payable
Accounts payable represents the short-term financial obligations a company owes to its suppliers for goods and services purchased on credit. Effectively managing these liabilities is critical for maintaining healthy cash flow, fostering strong vendor relationships, and ensuring accurate financial reporting. It directly impacts processes like invoice matching, payment scheduling, and preparing compliant tax and financial statements within an accounting system.
Translations
| Language | Code | Translation |
|---|---|---|
| English | en | Accounts payable |
| Svenska | sv | Leverantörsreskontra |
| Suomi | fi | Ostovelat |
| Polski | pl | Zobowiązania |
| Română | ro | Conturi de plătit |
| Bahasa Indonesia | id | Akun Hutang |
| Tiếng Việt | vi | Khoản phải trả |
| 日本語 | ja | 買掛金 |
| 한국어 | ko | 미지급금 |
Related Terms
Chart of accounts · Accounts receivable · Accounts · Accounts payable turnover · Accounts receivable turnover · Days payable outstanding · Accounts chart · Consolidated accounts
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