Why are some accounts included as sundry creditors?

I’m glad to share information with you about Sundry Creditor, @ItAddsUp.

Sundry Creditor is mostly used to represent the financial information about the supplier or service providers. The process of managing creditors is often referred to as Accounts Payable, and can be shown on the Liability side of the Balance Sheet.

You can review your bills in QuickBooks Online to verify the information you used when creating them. Please know that QuickBooks will base on the details entered on your transactions.

Here’s how:

1. From your left pane, select the Expenses menu.
2. Under the Expenses tab, locate the bills.
3. Click the dropdown arrow in the Action column, then choose View/Edit.
4. Check the account you select and other details.
5. You can make changes if needed and then save.

Here’s a detailed guide to learn more about Accounts Payable in QuickBooks: What is accounts payable?

Don’t hesitate to leave a comment below if you have other concerns or questions about business accounts. I’m here to help. Have a good one!