aging

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Related to Aging of Accounts Receivable: accounts receivable aging report

Aging

The process of investigating a company's accounts receivable according to how long individual invoices have been outstanding. Analysts can use aging to identify bad debt and/or problems with the company's credit policy.

aging

A technique for evaluating the composition of a firm's accounts receivables to determine whether irregularities exist. It is carried out by grouping a firm's accounts receivables according to the length of time accounts have been outstanding. For example, a financial analyst may use aging to determine whether a firm carries many overdue debtors that may never pay their bills.

References in periodicals archive ?

With these data we can select and print confirmations, print a negative balance report, print a customer report sorted by balance size, perform an aging of accounts receivable and select a group of invoice records to trace to the original source documents.

From the invoice file, the date arithmetic function allows an aging of accounts receivable, and the extract function creates a file containing records that will be traced to original invoices.

Auditing with your microcomputer; computer software can lead to more efficient audits