Supplier Ageing
This is an ‘Ageing’
report for each supplier, showing amounts by months or
days outstanding. The
report categorises invoices from customers under ‘buckets’, which are usually by
a 30 day period or 1 month. You can customise the period of the ‘buckets’ for
this report.
For example, the invoice amount of
1000 was dated on 31/02/2015 (3 months earlier) and the statement date is on
31/05/2015. The amount of 1000 will appear in the 3 months ‘bucket’ on the
supplier ageing report.
1.
Only transactions on or
before this date are included (transactions after are in future
receipt)
2.
Select ageing by months
or days (the total interval must be between 1 day and 3
years)
Show Detail Invoice Ageing Analysis: Tick this option to show more details [see examples below]
Example 1: (no detailed ageing
analysis)
Only the total outstanding balance will be displayed
under each ‘bucket’.
Example 2: (with detailed ageing
analysis)
The balance under each ‘bucket’ is broken down into their
individual transactions.
