accounts payable
[/əˈkaʊnts ˈpeɪəbl/]
nounpl: accounts payable
contas a pagar
1. Money owed by a business to its suppliers or creditors for goods or services received but not yet paid for
The company's accounts payable increased significantly after ordering new inventory.
As contas a pagar da empresa aumentaram significativamente após fazer pedidos de novo inventário.
2. A liability account on the balance sheet representing short-term debts of a company
Accounts payable are listed as current liabilities on the financial statement.
As contas a pagar são listadas como passivos circulantes na demonstração financeira.
In Brazilian business culture, managing 'contas a pagar' efficiently is crucial for maintaining good supplier relationships and company cash flow. Many Brazilian companies negotiate extended payment terms ('prazos') with suppliers. In the USA, accounts payable departments are standard in medium to large companies, and timely payment is often emphasized for maintaining business credit ratings.
Related Idioms & Phrases
manage cash flow through accounts payable
accounts payable aging report
accounts payable turnover ratio
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