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P12 Trade creditors

Last updated 31 August 2006

Did you have any trade creditors?

No, Go to item P13 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 2005-06, 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, Write the total at F item P12 on page 4 of your schedule. Do not show cents.

QC18499