Accounts receivable ageing
Monitor outstanding invoices and assess credit risk with the accounts receivable ageing report.
The accounts receivable ageing report consolidates outstanding invoice amounts and groups them into age ranges: not yet due, 1-30 days, 31-60 days, 61-90 days, 91-120 days, and over 120 days. The report rounds up the ranges (for example, an invoice overdue by 30.5 days falls into the 31-60 days range). You can use this report to understand your collections performance and identify customers with outstanding invoices that are potentially collectible.
Accounts receivable ageing report
The accounts receivable ageing report organises overdue invoices into specific time intervals, providing insights into your accounts receivable status and facilitating effective credit management.
| Columns | Description |
|---|---|
| Description | Provides a summary of invoice statuses, differentiating between those not yet due and those overdue within specific time brackets |
| Date | Indicates the reporting date used to determine the ageing of receivables. Displays the monetary value of receivables within each ageing category, highlighting the extent of outstanding invoices |
This report is crucial for optimising cash flow and managing credit policies by highlighting areas requiring attention and proactive measures.
The accounts receivable ageing report complements other financial reports, such as the balance sheet and income statement, providing a comprehensive overview of financial health and customer payment behaviours.
View and download the report in various formats from our statements page.