Accounts payable and notes payable serve different purposes in a company. Understanding the distinctions between them can help you improve the financial structure of your business. In the normal ...

Unlike an accounts payable debt, a notes payable debt is backed by a promissory note such as a loan agreement or other contract. If your company takes on debt or makes a purchase of goods or services ...

What is an Account Payable? The amount a company owes to vendors or suppliers in the short-term for goods or services the company received on credit. An account payable (AP) is a balance shown on a ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...