Accounts Payable - FOLIO Ontology

Identification

IRI:

https://folio.openlegalstandard.org/RCyz3h5etVpg1QE5JvUlCNp

Label Accounts Payable

Preferred Label N/A

Identifier N/A

Alternative Labels

None

Definition

Accounts Payable is an accounting term that represents a company's obligation to pay off short-term debts to its creditors or suppliers within a specified period. It appears on the balance sheet as a current liability and indicates the amounts that a company owes for goods or services received but not yet paid for.

Class Relationships

Sub Class Of

• Current Financial Obligations

Is Defined By

N/A

Class Hierarchy Visualization

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Additional Information

Metadata

Comment

None

Description

None

Notes

• None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available