IMPROVEMENT OF PAYABLES MANAGEMENT

In modern conditions, almost without exception, enterprises in their economic activities cannot do without accounts payable. That aspect, how soon this or that enterprise can pay off its creditors, is one of the basic characteristics of its monetary activity. An increase or decrease in accounts payable may lead to a change in the financial condition of the enterprise. The article considers the concept of «accounts payable of an enterprise», defines methods for analyzing the accounts payable of an enterprise and identifies the main ways to improve the management of accounts payable at an enterprise. On the example of PJSC «Zaporozhtransformator», the dynamics and structure of accounts payable are given, a comparative analysis of accounts receivable and accounts payable is carried out, and the main stages of optimization of accounts payable management are determined. The results of the study showed that effective management of accounts payable ensures the full solvency of the company.