Payable through draft and Payables: Difference between pages

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(PTD).  
''Accounting.''
 
A draft that is only payable via a nominated bank.
Amounts which are due to be paid by a reporting entity.
 
Depending on the conditions attached to the draft, the nominated bank may be the paying bank or only act as the collecting bank that presents the draft for payment.




== See also ==
== See also ==
* [[Draft]]
* [[AP]]
* [[Creditors]]
* [[Payables finance]]
* [[Receivables]]

Revision as of 14:28, 20 June 2016

Accounting.

Amounts which are due to be paid by a reporting entity.


See also