The Vendor Balance Summary report is a report that describes bills received/payments made from/to a particular vendor over a specified period of time. True False

Answer: True

Explanation:

Vendor Balance Summary report is known as a report that gives a detail take on how much a vendor is owed on a particular date. It will show us our organization's balance with each and every vendor. This is primarily referred to as a report that briefs about bills received or payments made over a given period.