Accounts Payable

Cloud Computing  Jan 12  Comment 
Intelligent accounts payable is rapidly transforming by better managing exceptions, adopting fuller automation, and implementing end-to-end processes that leverage connected business networks. We’ll explore how intelligent AP is rapidly...
Motley Fool  Dec 20  Comment 
Breaking down an important component of the cash conversion cycle.
Cloud Computing  Aug 14  Comment 
Accusoft, the leading provider of document, content and imaging solutions, today announces the release of FormSuite for Invoices, a new software development kit (SDK) that enables developers to easily build custom applications...
DailyFinance  Jun 24  Comment 
Kofax® Limited (NASDAQ and LSE: KFX), a leading provider of smart process applications for the business critical First Mile™ of customer interactions, today announced that an organization that provides medical products and...
Cloud Computing  Jun 18  Comment 
Tradeshift, the fastest growing business transaction and collaboration platform, today announced that Fortune 50 company Archer Daniels Midland Company (NYSE: ADM) will shift to a global e-invoicing model using the...
Cloud Computing  May 22  Comment 
Anybill, Inc., a pioneer in Software-as-a-Service (SaaS) accounts payable solutions, today announced the firm's upcoming appearances at important, not-for-profit industry events. Anybill's scheduled exhibits will show how all types of...
Cloud Computing  May 21  Comment 
SciQuest (NASDAQ: SQI), a leading provider of cloud-based business automation solutions for spend management, today announced that the University of Ottawa, Western University, University of Toronto, Wilfrid ...
Cloud Computing  May 16  Comment 
SCHENECTADY, NY--(Marketwired - May 16, 2014) - docSTAR™, an award-winning provider of automated accounts payable solutions, will showcase eclipse Smart AP Automation at TAPN's 4th Annual AP & P2P Leadership Conference. read more
Cloud Computing  May 5  Comment 
Kofax® Limited (NASDAQ: KFX) (LSE: KFX), a leading provider of smart process applications for the business critical First Mile™ of customer interactions, today announced a new release of Kofax AP Agility™, a smart process...
DailyFinance  Mar 13  Comment 
SAN JOSE, CA -- (Marketwired) -- 03/13/14 -- Focus Business Bank (OTCQB: FCSB) has entered into a marketing agreement with Strongroom Solutions to put a state of the art Payables Lockbox service in the hands of property management companies to...


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Accounts payable are short term debts that a business owes to creditors for products and services

Accounts payable (also known as "Payables" or AP) reflects debts by a company that have yet to be paid. This may include pending purchase orders, unpaid bills, or services rendered by an outside contractor on which payment is, for some reason, pending.

While accounts payable are listed as a liability on the balance sheet they do not actually affect cash flow as the money has yet to change hands. When accounts payable are paid off, it represents a negative Cash flow for the company. When companies are unable to meet their accounts payable obligations, they are considered to be in default.


Examples of accounts payables are

  • Unpaid invoices
  • Bills
  • Statements for goods or services rendered by outside contractors, vendors or suppliers

in any kind of business two type of works are happening in general one is reciept s ide on which it is shown how much money has been recieved from sales and other sources, while on the other hand is payment side which shows how much payments are made for purchases and other things. since, all the reciepts, all the money, is not collected at the time of transaction becouse there will always be some people who will not pay you at spot they will pay you after some time, may be end of month, end of certain transaction etc.there for to eliminate the confusion as how many reciepts has been collected and how many are pending, one simple step is done in which you simple make all the recipets as ACCOUNT RECIEVABLE, if some reciepts are colelcted at the spot its deducted from the ACCOUNT RECIEVABLE and the balance of ACCOUNT RECIEVABLE shows a clear picture of how much is to be recieved more.Th similar process goes on with the ACCOUNT PAYABLE, that you may not pay all the bills on spot, you may pay some bills on spot and some at later stage, there for what you do is that you put all of your payments in ACCOUNT PAYABLE, from there those payments which you have amde on spot will be deducted and rest/balance will show the status of amounts that you have to pay and it will appear as ACCOUNT PAYABLE.

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