Supplier Statement

Introduction

TEAreport RFN002 - Supplier statementallows you to track financial transactions with suppliers. It presents a history of invoices received, payments made and the balance remaining to be paid. This document is essential for effective management of relationships with suppliers and for monitoring financial commitments.

Explanation of table columns

Date

• Indicates the date of the recorded transaction (invoice, payment, credit note, etc.).
• Allows you to have a chronological view of operations with suppliers.

Supplier

• Displays the name of the supplier involved in the transaction.
• Allows you to quickly identify operations linked to each supplier.

Part number

• Unique reference assigned to each transaction (invoice, payment, credit note, etc.).
• Facilitates the management and search of accounting documents.

Wording

• Description of the transaction (invoice number, payment reference, etc.).
• Used to identify the type of operation performed.

Speed

• Indicates amounts paid to suppliers (payments made).
• Allows you to monitor payments made and manage cash flow.

Credit

• Indicates amounts owed to suppliers (recorded invoices).
• Used to identify financial commitments awaiting payment.

pay

• Represents the cumulative balance of the supplier account after each transaction.
• Allows you to have a clear view of outstanding debts or overpayments.

Added value of the report

TEAreport RFN002 - Supplier statementbrings several advantages for financial management:

• Monitoring of supplier debts: Allows you to identify amounts due and pending payments.
• Cash flow optimization: Helps plan payments based on deadlines.
• Improved supplier relationships: Ensures rigorous monitoring of payments and reduces the risk of litigation.
• Transaction traceability: Provides a clear and detailed history of financial transactions.

Conclusion

TEAreport RFN002 - Supplier statementis an essential tool for ensuring effective management of accounts payable. It ensures optimal monitoring of financial commitments and optimizes the company's cash flow management.