Abstract: the article examines the features of accounting for payments with suppliers and contractors on the example of a single enterprise. Carefully set accounting of payment operations, as well as the turnover of funds have a significant impact on the financial result of the organization. Accounting for payments with suppliers and contractors is the most important part of accounting, as the main part of the income and cash flows of the institution is formed. Business transactions at the enterprise should be recorded only on the basis of timely and fully executed documents, with completed details. The theoretical basis of internal regulation of accounting for payments with suppliers and contractors is anatomized. The main regulatory documents are analyzed. The article considers the organizational, legal and economic characteristics, indicators of solvency on the example of a single enterprise, such as LLC “Maria”, the analysis is carried out. The regulatory documents that should be used to regulate the relationship between suppliers and contractors and the institution are considered. The concepts of accounts receivable and payable are studied. The invoice is also defined. The theoretical bases of on-farm control of payments to suppliers and contractors for the work of the institution and its significance are developed. The main methods of quality control are studied and ways to transform accounting for payments with suppliers and contractors are recommended on the example of LLC “Maria”. In this regard, we can conclude that such a topic as accounting for payments with suppliers and contractors is relevant today. After all, the welfare of the institution depends on these calculations.
Keywords: accounting, payments with suppliers and contractors, accounts receivable, accounts payable, accounting financial statements, synthetic accounting, analytical accounting