Industry sector: Business services

IFA: Cash purchases


'Cash purchases' means any payments that a business makes to suppliers with whom it doesn't have an account.

Cash purchases refers mainly to items like retail stock and other goods or services that businesses buy in to sell on to their customers. As this is not a 'buying and selling' business like a shop or wholesaler it's quite likely that you won't be making any payments to creditors. If this is the case, your figure for Cash purchases will be zero.

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