Noun
money that you currently expect to pay on notes and accounts
Source: WordNet“Essentially, what you need to do is take those payables and force feed those payables into those that you expect to get,” Lurie said. Source: Internet
The question as a slaughterhouse owner is, are the farmers in your area going to bring you enough business — in enough months of the year — to meet your payables and with a bit of profit to boot? Source: Internet
“There are many technical strategies to this that range from matching value received to value shipped, agreements on payables and carefully managing aging and delinquent receivables,” Doyle explained. Source: Internet
Similarly for payables, or no suppliers haven’t been paid within a designated period of time, pony as soon as possible and come up with a timeline simply because payables ought to be cleared. Source: Internet