Supplier Statement And Aging

Watch this tutorial to learn how to: Supplier Statement And Aging.

Steps in this tutorial

1. Two questions every store owner asks: what does this supplier say I owe, and which bills should I pay first.
2. Open Modules and go to Purchasing.
3. Open the Purchasing group.
4. Click Suppliers.
5. The list already shows what each supplier is owed, in their own currency.
6. For the detail behind that number, open the supplier’s statement.
7. Every bill and every payment, in order, with the balance after each line. This is the page you send the supplier when your figures disagree.
8. Narrow it to a period and the statement still stands on its own, because it opens with the balance carried in.
9. Download PDF gives you the same statement as a file to send them.
10. Now the other question. Open Modules and go to Reports.
11. Open the Reports group.
12. Click Supplier Aging Report.
13. One line per supplier, and what you owe them split by how late it is. The right-hand columns are the ones to worry about.
14. Bills that are not late yet sit in their own column, and so do bills with no due date at all. Neither is called overdue.
15. Set an as-at date to see the book as it stood at the end of a past month, ignoring anything paid since.