How do I know the creditors (suppliers) balance?

The creditors balance is the suppliers’ balances that you owe them. To view it, open Reports, then Purchases Reports, and select Suppliers Balance. The report shows for each supplier the previous balance, total purchases, refunds, payments, and settlements, leading to the current balance. To find out the ages of the amounts owed to suppliers, see the Aged Creditors (Ledger) report.