AP Vendor Balances

Okay, now we look at the AP Vendor Balances Report. It’s the same thing as Customer Balances.

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Over here, Accounting, Financial Accounting, Accounts Payable, Information Systems, Reports, Vendor Balances.

 

 

Choose this company code and enter.

 

 

See the balances on the credit side? This is the payment. Any balances on the vendor’s debit side is considered payments to the vendor and any balances on the credit side of the vendor account is invoices, the purchase invoices that we bought from this vendor. We have fully paid it, therefore the balance is zero. Same thing like the customer balances. There’s no difference. I’ll explain what is special G/L balances later in the additional training session.

 

 

You may watch the full course on the following YouTube link

https://www.youtube.com/watch?v=7CVJo9r4PLg&list=PLN17Nn94liux88cwVwqbiRQQo1qK4sOdQ&index=34&pp=iAQB