Aging report
In Arabic تقرير أعمار الديون
A report that groups unpaid invoices or bills by how many days they are past their due date, by customer or vendor.
In plain words
The buckets show at a glance where money is stuck. A customer with everything in current is fine; one whose balance is creeping into 31–60 days and beyond needs a call, and perhaps a hold on new orders.
The same report works for payables, showing which vendor bills fall due soon and which are already late.
The common mistake is aging from the invoice date instead of the due date. An invoice on 60-day terms issued 45 days ago is not late, yet it would show as overdue.
- Current
- SAR 3,000
- 1–30 days
- SAR 2,000
- 31–60 days
- SAR 1,500
- Over 60 days
- SAR 800
- Past due, of SAR 7,300
- SAR 4,300
In Axon Suite
How Axon Suite handles it
Axon Suite ages every open invoice and bill by its due date into current, 1–30, 31–60 and over 60 days, as at any day you choose. The aging and each party’s statement print as PDFs in Arabic or English.
Feature
Aging and party statements
Aging buckets every open invoice and bill by its due date. A statement gives one customer or vendor their running balance with the same aging beneath it, printed in Arabic or English.
Open: Aging and party statements