Skip to main content

Creditors Ledger

Report Module Guide: Creditors Ledger

Module Location

Accounts Payable > Reports > Creditors Ledger

Module Objective

The Creditors Ledger report module is used to generate the Accounts Payable Subsidiary Ledger. This report presents a detailed list of all transactions (such as purchase invoices, payments, and credit/debit notes) for each supplier (vendor) or all suppliers within a specific time period. It is a fundamental report for managing and reconciling payable accounts.

1. Report Parameters (Filter)

The main page of this module is a form containing various parameters to customize the Creditors Ledger report that will be generated.

image.png

Here is an explanation for each parameter:

  • Vendors:

    • Select All to display the creditors ledger for all suppliers.

    • Select Selected to display the creditors ledger for one specific supplier.

  • Invoice Date:

    • Specify the Start Date and To Date range to define the report's period (e.g., August 1, 2025, to August 31, 2025).

  • Status:

    • Use this dropdown to filter transactions by their status.

  • Currency:

    • Choose how currency values will be displayed, whether in Respective Currency (original transaction currency) or Base Currency (company's base currency).

2. Steps to Generate the Report

Step 1: Set Report Parameters

Select all the parameters you need, especially defining the Invoice Date range and the scope of Vendors you wish to see.

image.png

Step 2: Generate the Report

After all parameters are set, click one of the two buttons in the bottom-left section of the page:

  • Display Report: To preview the creditors ledger report directly on your screen. image.png

  • Export To MS Excel: To download the report data in an Excel file format. 

    image.png

3. Example of the Report View

After you click, the system will generate a report like the following, which functions as a statement of account for a vendor.
image.png

Report Explanation: This report details all payable activity for the selected vendor and is divided into two main parts: a list of invoices and a list of debit/credit notes.

Key Columns:

  • Invoice Number: A list of purchase invoices from the vendor.

  • Invoice Amount: The total value of each invoice.

  • Total Paid: The amount that has already been paid for that invoice.

  • Invoice Amount Due: The remaining unpaid balance per invoice.

  • Debit Credit Notes Number: A list of debit or credit notes related to the vendor.

Tips & Important Notes

  • The Creditors Ledger report is one of the most important reports in the Accounts Payable module.

  • Use this report to reconcile your payable balance with the statement of account sent by the vendor.

  • Use the Selected Vendor filter to focus on one vendor when preparing payments or if there is a billing dispute.