Aging Info

Note: Don't see this? If all goes well based on feedback and usage, expect its wider release in a future update.

From Payables, Settings, track accounts payable invoices to determine if they are current or overdue and by how many days they are overdue under Configuration, Aging info. You can define a minimum of one and a maximum of five sequential periods for aging transactions from either the due date or the transaction date.

Default periods are available, but you can change these to suit your organization’s needs. To change the start date of one period, you must first change the end date of the prior period. The next period automatically starts on the following day. Periods must be consecutive with no gaps between dates.

Tip: You can disable aging information if your organization prefers to treat all invoices as current. Enter “1” in Periods field. The default value “0” should remain in the Start column, and the default value “and over” appears in the End column.