Account 409 – Suppliers receivable
Posted: Tue Feb 11, 2025 9:25 am
In accounting, account 409 "Suppliers receivable" is used to record the receivables that the company holds on its suppliers , in other words the sums of money that the company must receive from its suppliers. This applies to very specific situations that we will not fail to list later. Account 409 is an integral part of class 4 "Third-party accounts" of the General Accounting Plan (PCG). Find out more in this article! 
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What is the 409 account? Our description
Account 409 "Trade Accounts Receivable" is an account used to reflect specific cases where a company must collect money from its suppliers. Here we say that the company holds receivables from its suppliers.
Examples of situations where the use of the 409 account is necessary:
Returns of goods;
Commercial discounts granted after issuing an invoice;
Advances paid for orders that have not yet been delivered.
Clarification: account 409 functions as a transitional account allowing these transactions to be monitored before their regularization in the usual supplier debts account (account 401).
Account 409 is subdivided into several sub-accounts such as:
Account 4091 “Suppliers – Advances and down payments paid on orders”;
Account 4096 “Suppliers – Receivables for packaging and materials to be returned”;
Account 4097 “Suppliers – Other assets”.
What about the rules specific to the 409 account?
When transactions are recorded in account 409, this may involve VAT (Value Added Tax) adjustments. For example, a return of goods may reduce the deductible VAT.
Did you know?
Entrusting your accounting to an accountant is not an obligation! Opt today for self employed data an online solution like Indy and benefit from the automatic classification of all your transactions in the right accounting lines!
I'm trying Indy without commitment
What is the 409 account? Our description
Account 409 "Trade Accounts Receivable" is an account used to reflect specific cases where a company must collect money from its suppliers. Here we say that the company holds receivables from its suppliers.
Examples of situations where the use of the 409 account is necessary:
Returns of goods;
Commercial discounts granted after issuing an invoice;
Advances paid for orders that have not yet been delivered.Clarification: account 409 functions as a transitional account allowing these transactions to be monitored before their regularization in the usual supplier debts account (account 401).
Account 409 is subdivided into several sub-accounts such as:
Account 4091 “Suppliers – Advances and down payments paid on orders”;
Account 4096 “Suppliers – Receivables for packaging and materials to be returned”;
Account 4097 “Suppliers – Other assets”.
What about the rules specific to the 409 account?
When transactions are recorded in account 409, this may involve VAT (Value Added Tax) adjustments. For example, a return of goods may reduce the deductible VAT.