Advance Payment
Money paid to a supplier before goods or services are received.
Finance & Accounting
Creditors Due Glossary
Terms for managing amounts owed to suppliers and planning payments.
5 terms · Updated 12 November 2026
A1 term
D1 term
Debit Note
A document sent to a supplier to reduce what you owe, for example after returning goods.
E1 term
Early Payment Discount
A reduction a supplier offers for paying before the due date.
P1 term
Payment Schedule
A plan showing which supplier dues will be paid and when.
V1 term
Vendor Ledger
A statement of all transactions and the running balance with one supplier.
No matching terms found.
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