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Creditor

A person or organisation to whom a business owes money. Creditors include suppliers, lenders, and anyone else the business has a financial obligation to.

Related Terms

Debtor Accounts Payable Liability

See how Kumry handles this in your own books.

Definitions are general information; check current ATO guidance for your circumstances.

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Accounting software for Australian businesses and their accountants.

support@kumry.com

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Creditor -- Accounting Glossary | Kumry