Finance
Accounts Payable
Also known as ap, payables, money owed to suppliers
Money your business owes to suppliers for things already received but not yet paid for.
Example
Your cloud bill for last month, still unpaid, sits in accounts payable.
Related terms
Cash Flow
The actual money moving in and out of your business. You can be profitable on paper but still run out of cash if money comes in late.
Accounts Receivable
Money customers owe you for work already delivered but not yet paid for. It counts as revenue, but you cannot spend it until it actually arrives.
Vendor
Any outside company you buy goods or services from to run your business.
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