Payables

The Payables section contains a list of reports that show all the money you owe to your vendors or suppliers from various sources.

Vendor Balance Summary

A Vendor Balance Summary is a financial report that provides an overview of the amounts you owe to your vendors or suppliers.

To generate this report:

Let us take a look at the different sections that this report contains:

Field	Description
Vendor Name	The vendor to whom you owe money.
Billed Amount	The total amount that a vendor has invoiced you for goods or services provided.
Amount Paid	The total amount paid to a vendor for the selected date range.
Closing Balance	The total amount you need to pay to a vendor at the end of a specified period.

To customize this report:

You will be able to find two sections:

Under General, you will be able to customize the report based on the following filters:

Filter	Description
As of Date	Date Range
Date Range	Select the time period for generating the report. This can be for the current or previous period/year, or you can specify a custom time period of your choice.
Group By	The report’s columns will be grouped by the options that you select.
Exclude vendors with zero closing balance	Check the option if you want to exclude vendors for whom you owe no money at the end of a specified period.
Advanced Filters	You can further filter your report based on Vendor Name, Branch and Reporting Tag or Vendors.

In this section, you can choose the columns to be displayed in the report.

Click the + Create icon next to a column to include it in the report.
Click Run Report to view the report. Click Save as Custom Report to save and view the report later.

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