Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- Accounts Payable
- What is Accounts Payable in simple words?
Accounts Payable - What is Accounts Payable in simple words?
Accounts Payable is a short-term debt payment which needs to be paid to avoid default. ... Description: Accounts Payable is a liability due to a particular creditor when it order goods or services without paying in cash up front, which means that you bought goods on credit.