{"id":4423,"date":"2026-04-15T11:52:17","date_gmt":"2026-04-15T11:52:17","guid":{"rendered":"https:\/\/www.brasser-accounting.de\/?post_type=glossar&#038;p=4423"},"modified":"2026-05-12T10:12:56","modified_gmt":"2026-05-12T10:12:56","slug":"accounts-payable","status":"publish","type":"glossar","link":"https:\/\/www.brasser-accounting.de\/en\/glossar\/kreditorenbuchhaltung\/","title":{"rendered":"Accounts payable"},"content":{"rendered":"<nav class=\"toc\" aria-label=\"Table of Contents\">\n<h2>Table of Contents<\/h2>\n<ul>\n        <li><a href=\"#einleitung\">Brief definition<\/a><\/li>\n        <li><a href=\"#grundlagen\">Basics<\/a><\/li>\n        <li><a href=\"#recht\">Legal framework<\/a><\/li>\n        <li><a href=\"#einordnung\">Classification<\/a><\/li>\n        <li><a href=\"#tools\">Tasks<\/a><\/li>\n        <li><a href=\"#schritte\">Procedure<\/a><\/li>\n        <li><a href=\"#praxis\">Practice<\/a><\/li>\n        <li><a href=\"#fehler\">Sources of error<\/a><\/li>\n        <li><a href=\"#faq\">FAQ<\/a><\/li>\n        <li><a href=\"#fazit\">Conclusion<\/a><\/li>\n      <\/ul>\n<\/nav>\n\n<section id=\"einleitung\">\n        <div class=\"snippet info\">\n          <p><strong>Accounts payable<\/strong> is a sub-area of <a href=\"\/en\/glossary\/financial-accounting\/\">Financial accounting<\/a>, which deals with liabilities to suppliers. It documents incoming invoices, payments, and open items.<\/p>\n        <\/div>\n      <\/section>\n\n      <section id=\"grundlagen\">\n        <h2>Basics<\/h2>\n        <p>Creditors are suppliers or service.<\/p>\n        <p>Accounts payable is responsible for the structured recording, monitoring, and reconciliation of these liabilities.<\/p>\n      <\/section>\n\n      <section id=\"recht\">\n        <h2>Legal framework<\/h2>\n        <p>Liabilities must be documented properly and comprehensibly. Commercial and tax regulations as well as general accounting requirements are decisive.<\/p>\n      <\/section>\n\n      <section id=\"einordnung\">\n        <h2>Systematic classification<\/h2>\n        <p>Debitorenbuchhaltung die zweite grosse S\u00e4ule der Finanzbuchhaltung. <a href=\"\/en\/glossary\/accounts-receivable\/\">Debtors ledger<\/a> a central component of financial accounting. While accounts payable deals with liabilities, accounts receivable deals with claims.<\/p>\n      <\/section>\n\n      <section id=\"tools\">\n        <h2>Typical tasks<\/h2>\n        <ul>\n          <li>Recording and booking incoming invoices<\/li>\n          <li>Booking payments to suppliers<\/li>\n          <li>Creditors account management<\/li>\n          <li>Open liabilities vote<\/li>\n        <\/ul>\n      <\/section>\n\n      <section id=\"schritte\">\n        <h2>Typical procedure<\/h2>\n        <ol>\n          <li>Invoice check<\/li>\n          <li>Booking the liability<\/li>\n          <li>Payment and booking<\/li>\n          <li>Open item reconciliation<\/li>\n        <\/ol>\n      <\/section>\n\n      <section id=\"praxis\">\n        <h2>Practical relevance<\/h2>\n        <p>A structured accounts payable system supports liquidity planning and forms an important basis for <a href=\"\/en\/glossary\/jahresabschluss-vorbereiten\/\">Annual financial statements<\/a>. Organisationally, it can be managed internally or as part of a <a href=\"\/en\/glossary\/accounting-outsourcing\/\">Outsourcing Accounting<\/a> to be transferred.<\/p>\n      <\/section>\n\n      <section id=\"fehler\">\n        <h2>Typical sources of error<\/h2>\n        <div class=\"snippet warn\">\n          <ul>\n            <li>Incomplete capture of incoming invoices<\/li>\n            <li>Missing reconciliation of open liabilities<\/li>\n            <li>Unclear allocation of payments<\/li>\n          <\/ul>\n        <\/div>\n      <\/section>\n\n      <section id=\"faq\">\n        <h2>FAQ<\/h2>\n        <div class=\"snippet info\">\n        <h3>What is accounts payable?<\/h3>\n        <p>She manages liabilities to suppliers and documents relevant business transactions.<\/p>\n      <\/div>\n\n        <div class=\"snippet info\">\n        <h3>Is it part of the financial accounting?<\/h3>\n        <p>Yes, it is a distinct sub-field of financial accounting.<\/p>\n      <\/div>\n\n        <div class=\"snippet info\">\n        <h3>Why is she important?<\/h3>\n        <p>It ensures transparency regarding open liabilities and cash flows.<\/p>\n      <\/div>\n      <\/section>\n\n      <section id=\"fazit\">\n        <h2>Conclusion<\/h2>\n        <p>Accounts payable is a central component of financial accounting, ensuring the structured management of liabilities.<\/p>\n      <\/section>\n\n      <footer class=\"author\">\n        <strong>Author<\/strong>\n        <span>the BAS editorial team<\/span>\n        <span class=\"note\">Services pursuant to \u00a7 6 No. 3 and 4 StBerG, no tax or legal advice.<\/span>\n      <\/footer>\n\n      <p class=\"disclaimer\">\n        Brasser Accounting Solutions GmbH is a specialised accounting service provider and part of a corporate group with Quint GmbH (tax consultancy\/auditing) and Service Place \u00c5rj\u00e4ng AB (Swedish tax office). BAS exclusively performs services according to \u00a7 6 No. 3 and 4 StBerG and does not provide tax or legal advice.\n      <\/p>","protected":false},"template":"","glossar-kategorien":[20],"class_list":["post-4423","glossar","type-glossar","status-publish","hentry","glossar-kategorien-finanzbuchhaltung"],"_links":{"self":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/glossar\/4423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/types\/glossar"}],"wp:attachment":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/media?parent=4423"}],"wp:term":[{"taxonomy":"glossar-kategorien","embeddable":true,"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/glossar-kategorien?post=4423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}