Sundry accounting also encompasses irregular, smallmiscellaneous expensesthat are not otherwise assigned to an account. The sources of sundry expenses might vary from one business to another, but they generally do not includeoperating expensessuch as rent or mortgage payments,depreciation, utility payments...
This accounting dictionary from Zoho Books explains who sundry creditor is and how to track these transactions. Read more about the other accounting terms you need to know.
Sundry income may include income from a variety of sources, the nature of which may change from one accounting period to the next. For example,late fees, royalties, profits on the sales of minor assets, orforeign exchangegains may qualify as sundry income depending on the nature of the busin...
Most people are familiar with the definition of invoices in accounting but do not know the definitions of Sundry invoices. Other names for Sundry invoices issued by the company when the customer's purchase price is not important are different, miscellaneous, various, etc. Sundry invoices were main...