Amounts owed by customers, and the work of recording and collecting them.Related termsAccounts payableReconciliationP&LFiled underFinanceLuxury is the new lingua franca that brings the world together in shared dreams of design, craftsmanship, heritage, and impeccable service.Icons of LuxuryExplore the collection Jewelry Elsa Peretti’s Bone cuff Leather goods The Lady Dior Leather goods The Dior Saddle bag Writing instruments The Montblanc Meisterstück 149 Footwear The John Lobb Lopez Jewelry The Tiffany Setting