What is the different between sundry creditor and Sundry debtor ?

Sundry can mean various, miscellaneous, or diverse. Sundry debtors might refer to a company's customers who rarely make purchases on credit and the amounts they purchase are not significant.I suspect that the term sundry was more common when bookkeeping was a manual task. In other words, prior to the low cost of computers and accounting software, a bookkeeper had to add a page to the company's ledger book for every new customer. If a new page was added for every occasional customer, the ledger book would become unwieldly. It was more practical to have one page entitled sundry on which those occasional customers' small transactions were entered.With the efficiency and low cost of today's accounting systems, I believe the need for classifying customers and accounts as sundry has been greatly reduced.

Any person who supplies the goods or services or consumable items to a business firm on credit basis, will be called as sundry creditor by the firm who avails this facility. The suppliers of various items relating to expenses on credit basis, are also called sundry creditors.

Sundry creditors are the liabilities of the firm because the firm is supposed to pay the outstanding amount in future as per terms and conditioned agreed upon by both the parties.  They are called as trade creditors also. But at the time of preparing the final accounts, the amount payable to the creditor is shown as sundry creditors.

What is Accounts Payable? Accounts payable means the amount to be paid against goods or services. These are called sundry creditors or sundry supplier also.

This is very important duty of the finance department to arrange money for suppliers in time because if they are not able to pay them in time then the supplies of goods be affected and it will be very difficult to meet the demand of customers also. So, one should be very careful to deal with the payment of suppliers.

Points to be remembered in respect of the payment to suppliers:- Following points must be kept in mind while dealing with the suppliers:-

1. The payment of dues must be made in time as far as possible to maintain the goodwill of the firm.
2. Purchase department must make sure that the goods are not purchased in more than required quantity.
3. There should proper co-ordination between purchase department and finance department.