Finance
Creditors
Creditors are suppliers or other parties to whom a company has financial obligations. In SAP Business One, they are maintained as business partners of the supplier type and form the basis for purchasing and payment processes. A creditor includes key master and posting data so that incoming invoices, liabilities and open items can be recorded and tracked correctly. This makes it possible to evaluate due payments, balances and transactions for each supplier transparently and reconcile them properly, so that a posted supplier invoice remains clearly traceable until it has been fully settled.
