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Definitions from WordNet

Definitions from the Web

Payables

Description

Payables refers to the total amount of money that a company owes to its suppliers, vendors, or creditors for goods or services purchased on credit. It represents the company's outstanding liabilities that are yet to be paid.

Sample Sentences:

Noun (Plural Form)

1. The company's payables have increased significantly due to the recent expansion.
2. It is crucial to maintain a record of all payables to accurately manage the company's finances.
3. By regularly monitoring payables, the company can ensure timely payments and maintain good relationships with suppliers.

Adjective

1. The accounts payable department is responsible for managing all payables within the organization.
2. It is essential to have a streamlined process for clearing payables to avoid any financial discrepancies.
3. The company's financial statement showed a notable increase in the payable amount.

Related Products:

To learn more about managing payables and improving financial practices, you may be interested in the following products on Amazon:

• Payables Management Books
• Accounts Payable Software
• Financial Management Tools