What does bills payable mean?
Definitions for bills payable
bill·s payable
This dictionary definitions page includes all the possible meanings, example usage and translations of the word bills payable.
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Wiktionary
bills payablenoun
The outstanding unpaid notes or acceptances made and issued by an individual or firm.
Wikipedia
bills payable
Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents. An accounts payable department's main responsibility is to process and review transactions between the company and its suppliers and to make sure that all outstanding invoices from their suppliers are approved, processed, and paid. Processing an invoice includes recording important data from the invoice and inputting it into the company's financial, or bookkeeping, system. After this is accomplished, the invoices must go through the company's respective business process in order to be paid.
Numerology
Chaldean Numerology
The numerical value of bills payable in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of bills payable in Pythagorean Numerology is: 8
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"bills payable." Definitions.net. STANDS4 LLC, 2024. Web. 30 Apr. 2024. <https://www.definitions.net/definition/bills+payable>.
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