# Promise to pay

> Promise to pay — A customer commitment to a date and amount.

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

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**What is promise to pay?** In accounting, promise to pay means a customer commitment to a date and amount.

## Words this system refuses for it

- PTP in UI copy

- **Category:** Receivables
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [collections-worklist](https://lopifi.com/md/components/collections-worklist)