ANALYTICAL SUPPORT OF MANAGING ENTERPRISE’S ACCOUNTS PAYABLE


  • O.F. Tomchuk Vinnytsia national agrarian University
Keywords: accounts payable, enterprise, management, methods of debt analysis, types of debts, circulating capacity, information support of debt management

Abstract

The necessity of analytical support of managing enterprise accounts payable is substantiated, since the development of the market relations enhances the responsibility and autonomy of the enterprises in making and approving managerial decisions after ensuring the effectiveness of payments to creditors. The increase or decrease in accounts payable lead to changes in the financial position of the enterprise. Basic information needs of management regarding debts are determined. It is noted that the effectiveness of debt management depends greatly on the quality of its information support, which, in its turn, is based primarily on the analysis of the available information base concerning enterprise’s debt. The methods of debt analysis aimed at information management, namely the total amount of accounts payable, its dynamics; content of accounts payable by certain types, terms of formation; quality of accounts payable, which is one of the indicators of the credit rate and business image of the enterprise; ratio of receivables and payables of the enterprise and indicators of their circulating capacity are studied. The best state is an equality of the specified amounts of debts. Suggestions for the improvement of analytical support of the enterprise’s accounts payable are made.

 

References

Vlasiuk, N.I. (2006). Finansovyj analiz: navch. posib. Lviv: Magnoliya (in Ukrainian).

Tiutiunnyk, Y.M. (2012). Finansovyj analiz: navch. posib. K.: Znannia (in Ukrainian).

Volovych, O.B. Analitychne zabezpechennia upravlinnya zaborgovanistyu pidpryyemstva [Elektronnyj resurs]. – Rezhym dostupu: site: http://ena.lp.edu.ua:8080/bitstream/ntb/23181/1/3–12–18.pdf. (in Ukrainian).

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Published
2016-09-06
How to Cite
Tomchuk, O. (2016). ANALYTICAL SUPPORT OF MANAGING ENTERPRISE’S ACCOUNTS PAYABLE. Scientific Messenger of LNU of Veterinary Medicine and Biotechnologies. Series Economical Sciences, 18(2), 160-164. https://doi.org/10.15421/nvlvet6931
Section
Economic efficiency of production and agricultural products alteration