This report displays the total amount of creditors outstanding for each supplier as well as the VAT that is owed for each creditors. It is especially helpful to accountants in reconciling the VAT control accounts for cash-based VAT reporters.
An Out of Balance amount appears on the report. It is the difference between the balance of the creditors linked account and the total of the outstanding bills.
If you are using the multicurrency feature (available in Accounting Plus only), the Out of Balance field does not appear.
