Customer & Supplier balances

Overview

This Tab shows the Credit and Debit position of all customers and suppliers each month. (It also shows any amounts that might be owed as ‘Director’s (Other Salary)’, if, for example, there were any Taxable ‘benefits in kind’, that had been arranged and paid for by the Director themselves, and then later re-imbursed directly by the Company (which considered this re-imbursement as a form of Other Salary to that Director):

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The financial data here is linked from all the other sheets in the WorkBook, so there should be nothing additional you have to do here, apart from:

• Ensuring the cells that have the text description Check next to them, show a figure of nil, and then
• Updating the page for any New Customers, or Suppliers that should go here on this Purchase & Sales Ledger.