Học từ vựng | Vocabulary learning |accounts payable
accounts payable ()
/əˌkaʊnts ˈpeɪəbl/
/əˌkaʊnts ˈpeɪəbl/
the amounts in a company's accounts that show money that it owes, for example to suppliers (= companies that have sold them things)
Accounts payable were $676 million lower as of the middle of this year compared to a year ago.
The company implemented an efficient accounts payable system, which reduced the time it took to review and approve invoices, resulting in improved cash flow management.
The accounts payable department identified a discrepancy in one of the invoices, leading to a thorough investigation and the correction of the error before payment was processed.
