meaning of accounts payable aging

accounts payable aging meaning in Law Dictionary

choosing which expenses can be paid promptly. Those who are perhaps not paid on time must certanly be compensated before they are too much overdue. This is done to aviod credit problems.

accounts payable aging meaning in Business Dictionary

means of deciding which manufacturers are increasingly being compensated punctually, that are not, and how far their expenses tend to be behind the payment day. This analysis shows which supplier(s) needs to be paid first in order in order to prevent any credit or offer issue.