Open menu. Definition of trade receivables: This is another name for Accounts Receivable. Dictionary Term of the Day Articles Subjects BusinessDictionary Similar to accounts receivables, Company’s also have non-trade receivables, which arises on account of transaction unrelated to the regular course of business. Enrich your … Accounts Receivable synonyms. Glossary of Accounting Terms and Definitions. Soovita fraasi „trade and other payables” tõlkena; Kopeeri; DeepL Translator Linguee.

Bookkeeping and accountancy deal with maintaining record of all the transactions that a business/individual makes. Definition: Accounts payable, also called trade payables, is a short-term liability account used to record debts from purchasing goods or services on credit. Trade Credit: A trade credit is an agreement in which a customer can purchase goods on account (without paying cash), paying the supplier at a later date. ET. Payable definition is - that may, can, or must be paid. by Tarig (Hurst, Texas, United States) Q: What's the difference between Accounts Receivable vs. Accounts Payable? Top synonym for account payable (another word for account payable) is payable.
In the same way trade debtors became accounts receivable. That was the slightly more old fashioned way of saying accounts payable by accountants. The WealthHow article below provides a glossary of accounting terms and definitions that are most commonly-used.

also called current liabilities or current debt. Top synonyms for accounts receivable (other words for accounts receivable) are receivables, accounts payable and receivable. Synonyms for account payable at Thesaurus.com with free online thesaurus, antonyms, and definitions. More commonly referred to as accounts payable. Trade and Other Payables: 18,623: 13,612: 17,996: 12,375: Trade payables and other payables are non-interest bearing and are normally settled on 30-day terms, therefore the carrying value of trade payables and other paybles approximates their fair value. << Note 17: Income in Advance: Table of contents : Note 19: Derivative Financial Instruments >> Get in Touch with Us. Translator. Definition: Accounts payable, also called trade payables, is a short-term liability account used to record debts from purchasing goods or services on credit. A: Thanks for your question Tarig. Primarily this account is used to record inventory purchases from vendors and other trade debts, but it is also used for supply, equipment, and service purchases. Search trade and other receivables and thousands of other words in English definition and synonym dictionary from Reverso. An account payable is an obligation to a supplier or vendor for goods or services that were provided in advance of payment.