What is payables value in SAP EPM-SCP - Supply Chain Performance Management?

SAP Term: payables value

• Component: EPM-SCP

• Component Name: Supply Chain Performance Management

• Description: The value of payables outstanding purchase invoices for which payments are not yet made.

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• Key Concepts: 
  Payables Value is a component of SAP EPM-SCP Supply Chain Performance Management. It is a measure of the total amount of money that a company owes to its suppliers. It is calculated by taking the total amount of money owed to suppliers and subtracting any payments that have been made. 
  
  How to use it: 
  Payables Value can be used to measure the financial health of a company. It can be used to identify potential areas of risk, such as when a company has a high payables value relative to its total assets. It can also be used to compare the performance of different suppliers, as well as to track changes in payables value over time. 
  
  Tips & Tricks: 
  It is important to keep track of payables value on a regular basis, as it can provide valuable insights into the financial health of a company. Additionally, it is important to ensure that payments are made on time in order to avoid any potential issues with suppliers. 
  
  Related Information: 
  Payables Value is closely related to Accounts Payable, which is the total amount of money that a company owes its suppliers for goods and services purchased on credit. Additionally, Payables Value is often used in conjunction with other financial metrics, such as Accounts Receivable and Cash Flow, in order to gain a better understanding of a company's financial position.