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P13 and P14 Trade debtors and creditors

Last updated 25 May 2022

Instructions to complete P13 Trade debtors and P14 Trade creditors.

P13 Trade debtors

Did you have any trade debtors?

No

Go to P14 Trade creditors.

Yes

Read on.

You need to know

This is the total amount owing to the business at the end of the year for goods and services provided during 2021–22 (that is, current trade and other debtors).

Completing this item

Step 1 Work out the total amount owing from trade and other debtors. If you have more than one business, add up all trade and other debtor amounts.

Step 2 Enter the total at E item P13 on page 5 of your schedule. Do not show cents.

P14 Trade creditors

Did you have any trade creditors?

No

Go to P15 Total salary and wage expenses.

Yes

Read on.

You need to know

This is the total amount owed by the business at the end of the year for goods and services received during 2021–22 (that is, current trade and other creditors).

Completing this item

Step 1 Work out the total amount owing to trade and other creditors. If you have more than one business, add up all trade and other creditor amounts.

Step 2 Enter the total at F item P14 on page 5 of your schedule. Do not show cents.

Continue to: P15 Total salary and wage expenses

QC67976