Initial Balance: Vendor Liability Tab

Field

Used to

Vendor

Name of your Vendor. Choose the name from a drop-down list or create a new one.

Account

Liability account that is filled automatically from the Company tab of the Vendor. There might be multiple accounts with a type Vendor.

Currency

Currency of settlements with the vendor.

Purchase invoice

Particular purchase invoice that still has opened vendor liabilities.

Due date

Due date for liabilities to be paid by to vendor.

Currency amount Dt

Debit amount of liabilities in the stated currency.

Currency amount Ct

Credit amount of liabilities in the stated currency.

Amount Dt

Debit amount of liabilities.

Amount Ct

Credit amount of liabilities.