We have questions from our readers on our blog received the certificate of commercial creditors "as follows:
I realized that one of my clients having multiple creditors. And most of the scales is very healthy with 0 balance at the end of the year. The trades for RM300, 000 - RM500, 000 mainly. You must send a confirmation to the other 0 or too easy. Random Thanks! :) .. "
Trade Creditors Confirmation Recorded at minimum gain
The purpose of sending trade creditors confirmation for external evidence that the risk of liability is not recorded minimum gain. Despite the fact that the goods and services to be critical, perhaps some of the other consisting of a single transaction and trading volume will be low.
Therefore, to answer your question, accredited trade payables trade certificate "significant", the company is a large number of transactions sent. What could be the intangible balance sheet date due to the recent results by the end of the year. But the risks normally recorded commitments to commercial creditors for the company is a large number of transactions.
In addition, they may leave the account statement sent to providers such as external evidence for its confirmation.
