accruals and payablesForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › accruals and payablesThis topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts July 30, 2022 at 4:57 pm #662179 richieakins15ParticipantTopics: 10Replies: 46☆☆Please is there a difference between accruals and payables? And if there is, how do I know the difference. July 31, 2022 at 8:42 am #662212 John MoffatKeymasterTopics: 57Replies: 54385☆☆☆☆☆Although they are both shown as current liabilities, payables are where we have received an invoice but have not yet paid it. Accruals are where we have not yet received an invoice but know that we do owe money.Have you watched my lectures on accruals?AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In