Receivables and Payables
Receivables and payables are the two key components of any company's working capital as well as its business activity. Receivables are part of current assets, whereas payables are of current liabilities. Both influence the short-term liquidity and financing of the company considerably. Effective control of these outstandings is necessary for the company to be financially sound. To view the Receivables and Payables screen
Go to Gateway of Tally> Display > Statement of Accounts > Outstandings
The following screen displays.
More:
Receivables (Bills Receivable)
F12: Configure Bill-wise Outstandings report
Outstandings Report of a Single Ledger Account
Age-wise Analysis of a Single Ledger Account
Outstanding Report for a Group
Reminder letters to a Group of ledgers