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Suppliers & Credit Ledger

The mirror image of customer credit: know exactly who you owe. Track purchase payments, supplier balances and aging so a delivery on credit never turns into a forgotten debt.

Every naira you owe, in one ledger

Suppliers deliver on credit as often as customers buy on it. QuickPOS keeps a running supplier ledger so you always know your balance with each one and never lose track of what's due.

  • Supplier balances updated as you receive stock and make payments.
  • Purchase payments recorded against each supplier.
  • Credit tracking so partial payments and outstanding amounts are always clear.
  • Aging so you can see and prioritise what's overdue.

Works with the stock you receive

Receiving stock and paying for it are two sides of one transaction. Purchase payments tie back to the supplier ledger, and because costs feed weighted-average costing, what you pay suppliers keeps your profit reports honest.

Grounded in the app: supplier balances, purchase payments and the supplier credit ledger are implemented in the suppliers module.

Suppliers FAQ

Does QuickPOS track what I owe suppliers?

Yes. It keeps a supplier ledger with running balances, records purchase payments, and tracks outstanding credit so you always know who you owe.

Can I record partial payments to a supplier?

Yes. Payments are recorded against the supplier and reduce the outstanding balance, so partial settlements are tracked accurately.

Does supplier cost affect my profit figures?

Yes. Costs from receiving feed weighted-average costing, so margins in your reports reflect what you actually paid.