payable

(redirected from payables)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia, Wikipedia.

Payable

Justly due; legally enforceable.

A sum of money is said to be payable when a person is under an obligation to pay it. The term may therefore signify an obligation to pay at a future time, but when used without qualifi-cation, it ordinarily means that the debt is due to be paid immediately.

payable

1) adj. referring to a debt which is due. A debt may be owed, but not yet payable until a certain date or event. 2) n. a debt which is due. "Payables" are all the liabilities (debts) of a business.

payable

adjective collectable, due, justly claimable, mature, maturing, outstanding, owing, redeemable, uncollected, unpaid, unsatisfied, unsettled
Associated concepts: accounts payable, bills payable, due and payable, payable to bearer, payable upon demand, sum payable
See also: delinquent, outstanding, overdue, receivable, unpaid
References in periodicals archive ?
In order to effectively manage global working capital, the customer-to-cash (composed of credit risk and receivables management) and the procure-to-pay (composed of procurement and payables management) processes need to be streamlined.
Unlike cash-method payables, the working-capital loan constitutes a "liability.
For instance, direct deposit of employee expense reimbursement can be provided without significant changes to a company's payables system.
Some of these compound instruments may combine only a few fundamental instruments; for example, a callable zero-coupon bond combines (from the issuer's perspective) an unconditional payable and a call option held.
For more information or to register for the 2006 National Tax Reporting Conference with the Accounts Payable Leadership Track, visit http://www.
With Emergis e-Invoicing for Payables, companies can eliminate manual data entry while improving process efficiencies with online collaboration tools and dispute resolution -- in effect, providing a centralized view of where invoices are in the workflow for both buyers and suppliers.
Resources in AP Tools Suite include hundreds of templates, forms and checklists to meet a wide range of accounts payable needs, whether conducting unclaimed property due diligence, preparing requests for proposals for outsource services and evaluating proposals, evaluating software solutions, planning for disaster recovery and business continuity, collecting vendor debit balances, interviewing job candidates or calculating charge-back pricing for shared services.
the North American subsidiary of Finland-based BasWare Corporation (HEX:BAS), the world-leading provider of enterprise purchase to pay software, today announced that the Aberdeen Group, a prominent industry research firm, has selected BasWare's customer Finnair, as a model of best practices in accounts payable processes.
The Ascent for Payables system will help process millions of invoices each year from the thousands of suppliers from which Carrefour purchases its products.
The report, "Harnessing Payables to Capture A Second wave of Procurement Savings" demonstrates that companies which embrace a strategic, functionally integrated approach and successfully integrate e-invoicing, electronic payments, p-card and validation and reconciliation automation solutions will reap incremental savings of 2% to 17.