What is a kreditor (creditor)?

In short

A kreditor is a supplier or other party the business owes money — e.g. an unpaid supplier invoice.

In practice

Creditors sit as debt on the balance sheet. Being on top of them means paying on time — but not earlier than necessary.

Related terms

• Debitor (debtor)
• Bilag (receipt/voucher)
• See every term in the dictionary

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