accounts payable

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Related to accounts payable: general ledger, accounts receivable

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.


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 ?
We're honored to receive this award as a testament to the vision and direction of our team and to the flawless execution of our Global Accounts Payable professionals," said Rajan Mehndiratta, Intel Global Accounts Payable Controller.
Accounts Payable 360 offers accounts payable professionals free access to the most current news and developments backstopped by a far-reaching, catalogued, completely searchable database of practical and timely information and analysis.
Our research indicates that the accounts payable automation market is still expanding, as organizations across industries continue to realize the time- and cost-saving benefits," said Henry Ijams, managing director and founder, PayStream Advisors.
AP Tools Suite provides broad, deep resources that help accounts payables staffs efficiently manage all of these responsibilities.
Global 360's Accounts Payable Solution Template helps manage processing goals as a way of standardizing and optimizing processes based on best practices.
The solution includes support for all expense process features, including manager approval, accounts payable review, re-submission, short pay, rejection and audit.
The truth is that companies ignore accounts payable best practices at their peril and the impact is felt on your bottom line.
Archive Systems, a provider of document process outsourcing (DPO) services, has released ASPEN for Accounts Payable, a newly packaged service for accounts payable invoice processing.
com)-- Corcentric, a leading provider of Accounts Payable and Accounts Receivable automation solutions, today announced they will host booth #213 at the International Accounts Payable Professionals' (IAPP) 2011 Fusion Conference.
For example, taxable income must be increased for depreciation, amortization and any increase in accounts payable.
Technically accounts payable pays an organizations bills and represents the customer in a transaction.
The company's pioneering accounts payable error prevention and fraud detection software, FirstStrike[TM], empowers organizations to enhance their internal controls and compliance to Sarbanes-Oxley regulations.

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