Supplier outstanding

This report allows you to track the status of supplier invoices in terms of amounts invoiced, paid and outstanding. It is essential for financial management and monitoring of commitments to suppliers.

Column titles and explanation

1. Name: Indicates the name of the supplier concerned.
2. Amount billed: Represents the total invoices issued by the supplier for the services or products provided.
3. Amount paid: Corresponds to the total amount already paid by the company to this supplier.
4. pay: Amount remaining to be paid after subtracting the amount paid from the amount invoiced.

Added value of this report

• Payment Tracking: Allows you to check paid invoices and those still pending.
• Cash management: Helps anticipate cash outflows and plan payments to suppliers.
• Optimization of supplier relationships: Ensures better communication with suppliers in the event of payment delays or discrepancies.
• Decision making: Provides a clear vision of financial commitments and facilitates budget management.

This report is an essential tool for the finance department, ensuring accurate control of expenses and avoiding cash flow problems related to supplier payments.