Payable Report

The Payable Report offers a comprehensive summary of amounts owed to vendors and suppliers. It includes details such as vendor names, contact information, total payable amounts, amounts paid, and balances due. The report also allows users to take quick actions like creating new expenses and provides export options for detailed analysis or sharing.

Benefits of the Payable Report:

1. Effective Cash Flow Management:

   • Enables tracking of outstanding payments to prioritize and plan expenses effectively.

2. Enhanced Vendor Relationships:

   • Ensures timely payments, fostering trust and strong partnerships with suppliers.

3. Financial Clarity:

   • Provides a clear picture of liabilities, supporting accurate budgeting and financial planning.

4. Improved Operational Efficiency:

   • Streamlines payment tracking and reduces the risk of missed or duplicate payments.

5. Audit Readiness:

   • Maintains a well-organized record of payables, ensuring transparency and compliance during audits.

This report is a vital tool for managing liabilities and ensuring smooth financial operations.

Here is a reference video:

From the menu click on Reports and then click on All Reports

At the reports page, under Purchase click on Payable Report

Upon clicking, the following report page will appear.