Calculating Net payableForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Calculating Net payableThis topic has 1 reply, 2 voices, and was last updated 4 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 8, 2020 at 8:29 am #570298 feruzbekMemberTopics: 1Replies: 0☆Good afternoon everyone, I would ask about calculating net payable, in FR I met where trade receivable is deducted from payable in order to find net payable, why this is occured?? Thanks for your answer. May 10, 2020 at 3:50 pm #570499 P2-D2KeymasterTopics: 4Replies: 7093☆☆☆☆☆Hi,Where have you seen this in the notes/videos? We do not net off the trade receivable and trade payable balances.The only time we see payable and receivable balances net off is in relation to sales tax.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In