Insert a page header, if desired, titling the spreadsheet "Accounts Payable Aging." Create a heading row near the top of the spreadsheet. Name the first column "Supplier" or "Vendor." ...

Liability accounts include interest owed on loans from creditors —known as interest payable, as well as any tax obligations accumulated by a company, which are known as taxes payable.

The accounts payable subsidiary ledger is a worksheet for all payables owed to a company's suppliers and helps provide internal accounting controls. Here's how it works.