Accounts payable are usually due within 30 days, and are recorded as a short-term liability on your company's balance sheet.

Where would accounts payable be recorded?

Where Do I Find a Company's Accounts Payable? Accounts payable are found on a firm's balance sheet, and since they represent funds owed to others they are booked as a current liability.

When should balance sheet liabilities be recorded?

Liabilities are arranged on the balance sheet in order of how soon they must be repaid. For example, accounts payable will appear first as they are generally paid within 30 days. Notes payable are generally due within 90 days and are the second liability to appear on the balance sheet.