Trade payables что это
trade payables
Смотреть что такое «trade payables» в других словарях:
Payables — Related: Accounts payable. The New York Times Financial Glossary * * * payables pay‧a‧bles [ˈpeɪəblz] noun [plural] ACCOUNTING loans, debts etc owed by a company, especially those which are expected to be paid within the financial year: •… … Financial and business terms
payables — Related: accounts payable * * * payables pay‧a‧bles [ˈpeɪəblz] noun [plural] ACCOUNTING loans, debts etc owed by a company, especially those which are expected to be paid within the financial year: • Against total assets of NZ$42.2 billion, the… … Financial and business terms
accounts payable — is money you owe to suppliers and other business creditors as a result of purchases of stock and other expenses such as overheads and taxes. Glossary of Business Terms A category of liabilities that represents funds due to creditors. Usually,… … Financial and business terms
International Financial Reporting Standards — (IFRS) are standards and interpretations adopted by the International Accounting Standards Board (IASB). Many of the standards forming part of IFRS are known by the older name of International Accounting Standards (IAS). IAS were issued between… … Wikipedia
Accounts payable — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Remote Disbursement — A cash management technique that some businesses use to increase their float by taking advantage of the Federal Reserve System s check clearing inefficiencies. A company that practices remote disbursement intentionally draws its checks on a bank… … Investment dictionary
Financial ratio — Corporate finance … Wikipedia
Historical cost — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
trade payables
1 trade payables
2 trade payables
3 Trade and other payables
См. также в других словарях:
Payables — Related: Accounts payable. The New York Times Financial Glossary * * * payables pay‧a‧bles [ˈpeɪəblz] noun [plural] ACCOUNTING loans, debts etc owed by a company, especially those which are expected to be paid within the financial year: •… … Financial and business terms
payables — Related: accounts payable * * * payables pay‧a‧bles [ˈpeɪəblz] noun [plural] ACCOUNTING loans, debts etc owed by a company, especially those which are expected to be paid within the financial year: • Against total assets of NZ$42.2 billion, the… … Financial and business terms
accounts payable — is money you owe to suppliers and other business creditors as a result of purchases of stock and other expenses such as overheads and taxes. Glossary of Business Terms A category of liabilities that represents funds due to creditors. Usually,… … Financial and business terms
International Financial Reporting Standards — (IFRS) are standards and interpretations adopted by the International Accounting Standards Board (IASB). Many of the standards forming part of IFRS are known by the older name of International Accounting Standards (IAS). IAS were issued between… … Wikipedia
Accounts payable — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Remote Disbursement — A cash management technique that some businesses use to increase their float by taking advantage of the Federal Reserve System s check clearing inefficiencies. A company that practices remote disbursement intentionally draws its checks on a bank… … Investment dictionary
Financial ratio — Corporate finance … Wikipedia
Historical cost — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
What are Trade Payables?
In order to maintain healthy cash flow for your business, you need to keep a close eye on the top and bottom lines. This means accurate and detailed reporting of your revenues and your expenses, some of the most common of which are your trade payables.
Trade payables definition
So, what is a trade payable? Businesses encounter these kinds of liabilities all the time, even if they’re not familiar with the term. Trade payables are any expenses incurred from vendors, suppliers or other third parties for goods or services provided in bringing their products to the customer.
Trade payables are a combination of the creditor/s and the bills payable for goods purchased or services rendered.
In accounting, the amount billed by the vendor or supplier is the amount logged under “accounts payable”. However, these are only logged if they are paid on credit. If amounts owed to vendors are paid immediately in cash, they are not logged as trade payables as they are no longer liabilities.
The purpose of trade payables
Accounting for trade payables is important as it helps companies to understand the cost of doing business. The better able they are to quantify the bottom line, the better positioned they are to gauge their profitability and enact changes to increase their profit margins.
Trade payables examples
Not all business expenses are classed as trade payables. For instance, employee wages, while part of your everyday operational costs, are not counted among trade payables. Neither are employee expenses or dividends payable.
There are lots of examples of trade payables that businesses encounter, and these can vary by industry and sector. Some common examples include:
Ingredients purchased by cafes and restaurants
Items of clothing sold by retailers
Raw materials purchased by manufacturers
Bottles of wine and beer purchased by pubs and bars
What’s the difference between trade payables and accounts payable?
The terms “trade payables” and “accounts payable” are often used interchangeably. However, while both pertain to everyday operational expenses, they are subtly different. All trade payables are accounts payable, but not all accounts payable are trade payables. Trade receivables pertain specifically to inventory. If it goes towards providing the product or service you extend to your customers, it’s likely classed as trade payable.
For instance, if you run a restaurant the food and drink you buy to be prepared and sold to the customer is classed as trade payable. However, the company you use to design your website is classed as accounts payable.
What are trade receivables?
Trade receivables are essentially the opposite of trade payables. Your trade receivable is the total amount receivable for the products or services that you provide. These are logged as an asset on your balance sheet.
Like trade payables, they are logged only when sales are made on credit, i.e. the goods have been delivered but payment has not yet been made in full.
The importance of terms of payment
It’s extremely important to establish fair and realistic terms of payment with your vendors and suppliers. Otherwise, you may have to settle accounts for trade payables before you’ve acquired the income from trade receivables. This could create negative cash flow. Thus, your company may need to take on short-term, high-interest debts such as bridging loans to remain operational.
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accounts payable
to manage accounts payable — управлять кредиторской задолженностью
Полезное
Смотреть что такое «accounts payable» в других словарях:
accounts payable — index bill (invoice) Burton s Legal Thesaurus. William C. Burton. 2006 accounts payable … Law dictionary
accounts payable — An obligation to pay for goods sold or services rendered (SA Bankruptcy.com) United Glossary of Bankruptcy Terms 2012 … Glossary of Bankruptcy
Accounts payable — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
accounts payable — is money you owe to suppliers and other business creditors as a result of purchases of stock and other expenses such as overheads and taxes. Glossary of Business Terms A category of liabilities that represents funds due to creditors. Usually,… … Financial and business terms
Accounts payable — Money owed to suppliers. The New York Times Financial Glossary * * * accounts payable accounts payable ➔ payable * * * accounts payable UK US noun ► [plural] also UK creditors, also US payables) ACCOUNTING the amounts in a company s accounts that … Financial and business terms
accounts payable — noun a debtor s accounts of money he owes; normally arise from the purchase of products or services • Hypernyms: ↑liabilities * * * acˌcounts ˈpayable 7 [accounts payable] noun plural … Useful english dictionary
accounts payable — trade creditors The amounts owed by a business to suppliers (e.g. for raw materials). Accounts payable are classed as current liabilities on the balance sheet but distinguished from accruals and other non trade creditors (such as the Inland… … Accounting dictionary
accounts payable — trade creditors The amounts owed by a business to suppliers (e. g. for raw materials). Accounts payable are classed as current liabilities on the balance sheet, but distinguished from accruals and other non trade creditors (such as HM Revenue and … Big dictionary of business and management
accounts payable — *Short term, invoiced liabilities owed for the supply of goods or services. Accounts payable balances are classified as a *current liability in the *balance sheet. Further reading: Banks (2001) … Auditor’s dictionary
accounts payable — mokėtinos sumos statusas T sritis Gynyba apibrėžtis Sumos, kurios turi būti sumokėtos kreditoriams. atitikmenys: angl. accounts payable šaltinis NATO mokymų ir pratybų finansavimo terminų žodynas AAP 43(1), 2009 … Lithuanian dictionary (lietuvių žodynas)
trade accounts payable
1 trade accounts payable
2 trade creditors
3 trade payables
См. также в других словарях:
accounts payable — trade creditors The amounts owed by a business to suppliers (e.g. for raw materials). Accounts payable are classed as current liabilities on the balance sheet but distinguished from accruals and other non trade creditors (such as the Inland… … Accounting dictionary
accounts payable — trade creditors The amounts owed by a business to suppliers (e. g. for raw materials). Accounts payable are classed as current liabilities on the balance sheet, but distinguished from accruals and other non trade creditors (such as HM Revenue and … Big dictionary of business and management
accounts payable — is money you owe to suppliers and other business creditors as a result of purchases of stock and other expenses such as overheads and taxes. Glossary of Business Terms A category of liabilities that represents funds due to creditors. Usually,… … Financial and business terms
Accounts payable — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Accounts receivable — (A/R) is one of a series of accounting transactions dealing with the billing of customers who owe money to a person, company or organization for goods and services that have been provided to the customer. In most business entities this is… … Wikipedia
Trade debt — Accounts payable. The New York Times Financial Glossary * * * trade debt trade debt ➔ debt * * * trade debt UK US noun [U] ACCOUNTING ► money owed by a business to other businesses for goods and services that they have supplied: »The company s… … Financial and business terms
trade debt — accounts payable. Bloomberg Financial Dictionary * * * trade debt trade debt ➔ debt * * * trade debt UK US noun [U] ACCOUNTING ► money owed by a business to other businesses for goods and services that they have supplied: »The company s total… … Financial and business terms
trade creditors — See: accounts payable … Accounting dictionary
trade creditors — A British term for *accounts payable … Auditor’s dictionary
account payable — pl. accounts payable. a liability to a creditor, carried on open account, usually for purchases of goods and services. [1935 40] * * * Any amount owed as the result of a purchase of goods or services on a credit basis. Although a firm making a… … Universalium