Notes payable is accounting-speak for promissory notes, written commitments that say you've borrowed money and have to pay it back. Like other outstanding debts, notes payable affect your bottom line.

In business accounting, notes receivable are promissory notes that represent an asset. These promissory notes are either short-term or long-term and should be recorded on the balance sheet differently ...

Startups raising their first round of capital have to decide which type of investment vehicle to use. The two most popular options are convertible promissory notes and SAFEs, or simple agreement for ...