About Creditors

This section details the functions related to Creditors. It describes how you set up Creditor Account Groups and Creditors as well as the major creditor-related tasks you perform such as Credit Control and Purchase Order Invoicing.

Based on the options you have selected in MYOB EXO Business you are able to perform certain functions. You can decide whether your invoices should include or exclude GST by selecting from the options in MYOB EXO Business Config > Profiles.

From the initial Debtors window you can search for a Creditor or create a new Creditor.

Creating a New Creditor

To create a new Creditor:

1. Go to Accounts > Creditors.

2. Click New to create a new Creditor account. The Creditor Account Details window is displayed with the Details 1 tab as the default page.

3. Complete the entries in each field of the Details 1 tab and Details 2 tab.

4. Click Save. Additional tabs are now created.