accounts payable

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ac·counts pay·a·ble

(AP, A/P) (ă-kownts' pā'ă-bĕl)
The aggregate of money owed by the health care practice or hospital to its suppliers and employees.

accounts

the bill provided to the client by the veterinarian setting out the sums owing for services rendered.

itemized accounts
the provision of accounts for professional services in which all of the medicines, materials and services supplied are itemized. The disadvantage of the procedure is the opportunity that it provides to vexatious clients to argue with the charges. It is standard procedure to provide an itemized account if the client asks for one.
accounts payable
the monies owed to other accounts by the practice and to be paid during the month.
accounts receivable
the accounts that owe the practice money and which can be expected to pay during the month.
References in periodicals archive ?
In order to effectively manage global working capital, the customer-to-cash (composed of credit risk and receivables management) and the procure-to-pay (composed of procurement and payables management) processes need to be streamlined.
The Trade Payables program significantly reduces DSO from the traditional net of 30, 60, 90 days to now two or three days.
Unlike cash-method payables, the working-capital loan constitutes a "liability.
Some of these compound instruments may combine only a few fundamental instruments; for example, a callable zero-coupon bond combines (from the issuer's perspective) an unconditional payable and a call option held.
For more information or to register for the 2006 National Tax Reporting Conference with the Accounts Payable Leadership Track, visit http://www.
With Bottomline's approach to payables automation, organizations can quickly and easily transform accounts payable operations to increase the availability of working capital and significantly reduce risk," said Eric Campbell, Chief Technology Officer, Bottomline Technologies.
Recognizing that adoption by the supplier community is critically important to successfully streamlining the A/P process, Emergis e-Invoicing for Payables is supported by Fast Lane, a comprehensive adoption program designed to accelerate a return on the solution's investment.
OpsTechnology develops software that saves money for real estate operating companies by improving their ability to manage and standardize Procurement, Purchasing and Payables functions.
A new Aberdeen report, "E-Invoicing Solution Selection - Leading an Accounts Payable Extreme Make Over," is your guidebook to choosing the right strategy, effectively building an invoice reconciliation and payment (IR&P) case for action, and selecting the right provider for your company.
Resources in AP Tools Suite include hundreds of templates, forms and checklists to meet a wide range of accounts payable needs, whether conducting unclaimed property due diligence, preparing requests for proposals for outsource services and evaluating proposals, evaluating software solutions, planning for disaster recovery and business continuity, collecting vendor debit balances, interviewing job candidates or calculating charge-back pricing for shared services.
The report features Accounts Payable success stories, key drivers influencing AP process transformation, and Aberdeen's recommendations for successful system deployment.
the North American subsidiary of Finland-based BasWare Corporation (HEX:BAS), the world-leading provider of enterprise purchase to pay software, today announced that the Aberdeen Group, a prominent industry research firm, has selected BasWare's customer Finnair, as a model of best practices in accounts payable processes.