ECONOMIC ESSENCE AND CLASSIFICATION OF RECEIVABLES AND PAYABLES OF THE ENTERPRISE

Abstract

The article reveals the economic nature of receivables and payables as key elements of the working capital of the enterprise, investigates their functional role in the system of financial and economic activity, and also proposes an extended classification of these types of debt, taking into account modern economic conditions. Particular attention is paid to the relationship between debt and the liquidity, solvency and financial stability of the organization. The need for systematic management of receivables and payables as a tool for optimizing cash flows and improving the efficiency of the enterprise is substantiated.