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Cloud Computing
Oct 13
Comment
Esker, the leader in document process automation solutions, today
announced its participation at SAP’s premier educational event, SAP®
TechEd 2009 Phoenix, taking place this week at the Phoenix Convention
Center. At booth...
CNNMoney.com
Oct 5
Comment
A while ago I needed to hire an accounts payable person for my picture-framing business. We put an ad in the paper and received a good number of applications. One candidate jumped out from the pile: He had exactly the right background, and it...
Cloud Computing
Sep 22
Comment
One mutual customer, Rich Products, saved $600,000 in early payment discounts alone by using Hyland's OnBase and ReadSoft's document automation platform in their accounts payable (AP) department; learn how start-to-finish invoice automation...
Cloud Computing
Sep 17
Comment
As part of its shared services initiative, Spartech Corporation has
selected the DataServ Purchase-to-Pay
(P2P) solution set to automate Accounts Payable processes.
read more
PR Newswire
Sep 14
Comment
DALLAS, Sept. 14 /PRNewswire/ -- Paul Diegelman, vice president of finance and accounting optimization for BancTec, has been asked by the International Accounts Payable Professionals (IAPP) to join its Strategic Advisory Council (SAC). IAPP is a
Cloud Computing
Aug 18
Comment
Anybill,
Inc., the market leader of complete, on-demand
Accounts Payable and corporate tax payment solutions, launches Version
4 of its proven Accounts Payable management software solution, AnyAP(TM). This latest release achieves new levels...
Banking Business Review
Jul 22
Comment
To simplify the payment of supplier invoices, and complete order-to-pay automation
Banking Business Review
Jul 14
Comment
To help clients who undertake accounts payable and accounts receivable activities in less familiar territories
The Wikinvest Daily Angle
Jun 18
Comment
Today’s Daily Angle comes from Wikinvest Wire member StockTradingToGo. You can read the full article on the Stock Trading to Go blog.
Numbers never lie, but people sometimes do. Throughout history, accounting frauds have been used to make...
Marketwire
Apr 15
Comment
ATLANTA, GA -- (Marketwire) -- 04/15/09 -- To increase revenues in a weak economy, federal, state and local governments are hiring thousands of additional agents to audit for compliance, to determine money owed and to assess fines and penalties,
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more ▼WIKI ANALYSIS
WIKI ANALYSIS| This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition. |
TOP CONTRIBUTORS
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
Examples of accounts payables are
- Unpaid invoices
- Bills
- Statements for goods or services rendered by outside contractors, vendors or suppliers
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