Payable analysis reports
Accounts Payable Reports are essential tools for tracking and analyzing information about a company’s creditors. These reports consist of various analyses that help manage accounts payable efficiently.
Accounts Payable Report
A detailed report showing outstanding balances that the company owes to each vendor
The Accounts Payable report displays invoices that have not been paid or have been partially paid to suppliers. This report presents entries organized by vendor and due date.
This report shows:
• List of all vendors with outstanding balances
• Invoice details, dates, and amounts
• Due dates and overdue periods
Applications:
• Track invoices approaching payment due dates
• Plan cash flow for debt payments
• Manage vendor relationships
Accounts Payable Summary
A report summarizing the overall outstanding balances for each vendor
The Accounts Payable Summary consolidates all outstanding balances for each vendor into a single report, without showing the detailed breakdown of individual invoices.
This report shows:
• List of all vendors
• Total outstanding balance for each vendor
• Proportion of outstanding balance to the total amount
Applications:
• View overview of short-term liabilities
• Analyze creditor distribution
• Present information to senior management
Payment Period Based On Invoice Date
A report analyzing the actual payment periods compared to invoice dates
This report shows the actual time taken to pay suppliers, calculated from the invoice date to the payment date.
This report shows:
• Invoice dates and payment dates
• Time taken for payment
• Variance from standard payment terms
Applications:
• Evaluate debt payment efficiency
• Analyze payment trends
• Verify compliance with payment policies
Supplier Ledger Summary
A report showing the complete transaction history with each vendor
The Supplier Ledger Summary displays the ledger of each vendor, including all invoices and payments.
This report shows:
• All transactions
• Dates and amounts of each transaction
• Balance after each transaction
Applications:
• Review transaction history
• Reconcile accounts with vendors
• Verify accounting record accuracy
Regular use of these accounts payable reports will help organizations manage cash flow, control costs, and maintain good relationships with vendors efficiently.
