Accounts Payable (SF.BS.AccountsPayable)
Accounts Payable (SF.BS.AccountsPayable) is the balances owed to suppliers.
- Accounts Payable (SF.BS.AccountsPayable) include:
- Accounts payable to JVs and partnerships
- Accrued interest, interest payable in commercial banks
- Bills Payable reported as part of Trade/Accounts Payable
- Payable to/due to related parties (when reported as part of Trade/Accounts Payable)
- Payable to/due to affiliates (when reported as part of Trade/Accounts Payable)
- Payable to/due to associates (when reported as part of Trade/Accounts Payable)
Accounts Payable (SF.BS.AccountsPayable) does not include:
- Taxes payable (shown in “Income Taxes Payable” (SF.BS.IncomeTaxesPayable))
- Taxes other than income taxes payable (shown in “Accrued Expenses” (SF.BS.AccruedExpenses))
- Wages payable, rent, interest payable (shown in “Accrued Expenses” (SF.BS.AccruedExpenses))
- Dividends payable (shown in “Dividends Payable” (SF.BS.DividendsPayable))
- Payables to officers, shareholders and other related parties (shown in “Accrued Expenses” (SF.BS.AccruedExpenses))
- Payable to/due to related parties (not reported in Trade/Accounts Payable) (SF.BS.OtherPayables)
- Payable to/due to affiliates and associates (not reported in Trade/Accounts Payable) (SF.BS.OtherPayables)
- Accounts Payable and Accrued Expenses (not separated) (shown in “Payables/Accrued” (SF.BS.Payable_Accrued))
- Excess billing over projects completed in construction service companies (shown in “Other Current Liabilities” (SF.BS.OtherCurrentLiabilities))
- Excess billing over projects completed in construction companies (as an asset) (shon in “Inventory– Work in Progress” (SF.BS.Inventories_WIP))
- Notes/mortgage payable (shown in “Notes Payable/Short-Term Debt” (SF.BS.NotesPayable_STDebt))