Bills Receivable & Bills Payable (Outstandings)
1. Managing Outstandings & Aging Analysis
Bills Receivable displays money owed to the business by debtors invoice-by-invoice with overdue days. Bills Payable tracks liabilities owed to creditors.
Path: Gateway of Tally → Display More Reports → Statement of Accounts → Outstandings → Receivables / Payables.
Press F6 (Age-wise) to classify overdue bills into aging slabs: 0-30 days, 30-60 days, >60 days.
Generating Financial Statements and MIS Reports
Module Progress: 10 of 10 Topics (100%)
100%
- Advantages of MIS Reports in Decision Making
- Overview of MIS Reports in TallyPrime
- Trial Balance & Balance Sheet Analysis
- Profit & Loss Account (Trading & P&L)
- Cash Flow & Funds Flow Statements
- Ratio Analysis & Financial Health
- Day Book & Receipts and Payments Account
- Purchase Register & Columnar Analysis
- Sales Register & Periodic Analysis
- Bills Receivable & Bills Payable (Outstandings)