accounts payable Sentence Examples
- The accounts payable department is responsible for managing the company's outstanding invoices and payments to vendors.
- The finance team regularly reviews the accounts payable ledger to ensure timely payment and accurate record-keeping.
- The software automates the accounts payable process, reducing manual tasks and improving efficiency.
- Vendors often inquire about the status of their accounts payable to track payment schedules.
- The accounts payable clerk diligently tracks and reconciles invoices to avoid discrepancies in financial records.
- Accurate accounts payable management is essential for maintaining positive relationships with suppliers.
- The monthly financial statement includes a detailed breakdown of accounts payable to provide a comprehensive view of the company's liabilities.
- The accounts payable aging report categorizes outstanding bills based on their due dates, helping prioritize payments.
- The auditor scrutinized the accounts payable transactions to ensure compliance with financial regulations.
- The company implemented a secure online portal for vendors to submit and track their accounts payable, improving communication and transparency.
accounts payable Meaning
Wordnet
accounts payable (n)
a debtor's accounts of money he owes; normally arise from the purchase of products or services
Synonyms & Antonyms of accounts payable
No Synonyms and anytonyms found
FAQs About the word accounts payable
a debtor's accounts of money he owes; normally arise from the purchase of products or services
No synonyms found.
No antonyms found.
The accounts payable department is responsible for managing the company's outstanding invoices and payments to vendors.
The finance team regularly reviews the accounts payable ledger to ensure timely payment and accurate record-keeping.
The software automates the accounts payable process, reducing manual tasks and improving efficiency.
Vendors often inquire about the status of their accounts payable to track payment schedules.
