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QuestionsCategory: Financials QuadrantCompute Trade Payable and Trade Receivable in excel template
LOK CHEE CONG asked 3 years ago

Hi Victor/Rusmin,
After watching the video of how to use the excel template to compute the data, I found Victor only use “trade and other payable” under current liabilities. I found out there is another¬†“trade and other payable” under non-current liabilities, do we need to include it as well?
Sorry for picking the bone in the egg, just to make sure. Btw, thanks for making the useful template.
Thanks.

1 Answers
Victor Chng answered 3 years ago

Hi Cong Lok,
 
When we collect the trade and other payable are usually under the current liabilities. Those at the non current liabilities we do not take it.

CHEE CONG LOK replied 3 years ago

Thanks for clarification.

Victor Chng replied 3 years ago

welcome :)