Accounts payable
Bills you have received but not yet paid. A liability until the money leaves your bank.
In Solo Superstars
The balance of 2000 Accounts Payable (A/P) equals the total of received, unpaid bills. Quick expenses never touch it because they are paid on entry.
Example
Two received bills of 600 and 250 unpaid: accounts payable 850.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- AP
- A/P
- payables
- what you owe
Related
- 2000 Accounts Payable (A/P) — Money you owe vendors for bills you have received but not yet paid. A liability until the money leaves your bank.
- Bill — An invoice a vendor sent to you. Recording it books the expense; paying it clears the payable.
- Bill status — Where a bill is: draft (still typing), received (committed, awaiting payment), or paid.