accounts payable Synonyms

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accounts payable Meaning

Wordnet

accounts payable (n)

a debtor's accounts of money he owes; normally arise from the purchase of products or services

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.