# Accounts payable

> Accounts payable — What we owe vendors for bills already received.

Source: https://lopifi.com/glossary/accounts-payable
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is accounts payable?** In accounting, accounts payable means what we owe vendors for bills already received.

## Also known as

- AP

## Words this system refuses for it

- creditors
- payables unqualified in mixed context

- **Category:** Foundations
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [aging-table](https://lopifi.com/md/components/aging-table), [duplicate-bill-alert](https://lopifi.com/md/components/duplicate-bill-alert)