Accounts receivable aging

Definitions
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Accounts receivable aging,

Definition of Accounts receivable aging:

  1. Money owed to a company by its debtors.

  2. Accounts receivable aging, as a management tool, can indicate that certain customers are becoming credit risks, and may reveal whether the company should keep doing business with customers that are chronically late payers. Accounts receivable aging has columns that are typically broken into date ranges of 30 days, and shows total receivables that are currently due, as well as receivables that are past due.

  3. Accounts receivable aging (tabulated via an aged receivables report) is a periodic report that categorizes a company's accounts receivable according to the length of time an invoice has been outstanding. It is used as a gauge to determine the financial health of a company's customers. If the accounts receivable aging shows a company's receivables are being collected much slower than normal, this is a warning sign that business may be slowing down or that the company is taking greater credit risk in its sales practices.

  4. Process of determining which customers are paying on time, which are not, and how far they are behind the payment date. This analysis assists in estimating bad debts and in establishing credit guidelines.

How to use Accounts receivable aging in a sentence?

  1. Another selling point is the companys current $310,000 in accounts receivable (with payables of about $130,000).
  2. Accounts receivable aging is the process of distinguishing open accounts receivables based on the length of time an invoice has been outstanding.
  3. Accounts receivable aging is useful in determining the allowance for doubtful accounts.
  4. The aged receivables report tabulates those invoices owed by length, often in 30 day segments, for quick reference.

Meaning of Accounts receivable aging & Accounts receivable aging Definition
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Accounts Receivable Aging,

Accounts Receivable Aging: What is the Meaning of Accounts Receivable Aging?

Accounts Receivable Aging refers to Old accounts receivable (tabulated in receipt report of old accounts) one time. Periodic report is a report that classifies the company's accounts as achievable based on how long the company has not paid the invoices. It is used as an indicator to determine the financial health of the company's customers. If the old claims indicate that the company's claims are being received more slowly than usual, it is a warning sign that the business may be slowing down or that the company may be taking more and more credit risk in the future. Be

  • Maturity of accounts receivable consists of the difference between open accounts received based on the maturity period of the invoice.
  • The age of receivable accounts is useful in determining the allowance for suspicious accounts.
  • Accounts Exceeds Receipt Account Reporting for quick reference length usually generates invoices in 30 days in parts gments with expiration depending on the length.

Literal Meanings of Accounts Receivable Aging

Accounts:

Meanings of Accounts:

  1. Details of reports or events or experiences.

  2. Records or statements relating to a particular period or purpose of financial income and expenses.

  3. An agreement under which the organization retains funds or provides goods or services on credit from the client.

  4. An agreement that gives users access to a computer, website or application by personally entering a username and password.

  5. Prepare or present notes of money given or received.

Sentences of Accounts

  1. The bartender created his account

  2. In order to be properly accountable, trustees should not mix fiduciary assets with other assets.

Synonyms of Accounts

regard as, weightiness, momentousness, substance, value, ledger, view as, importance, delineation, portrayal, recital, tale, hold to be, exposition, story, report, consider, gauge, interpretation, count, journal, weight

Receivable:

Meanings of Receivable:

  1. To receive a bill

  2. The amount due to an entity is considered an asset.

Sentences of Receivable

  1. This part of the agreement states that in order to maintain full trust during the partnership period, both partners must be honest and fair in disclosing each other's responsibilities and requests to each other each month.

  2. The lender initially excludes assets that are not eligible, such as a B-loan equal to more than 90 days.

Synonyms of Receivable

unsettled, overdue, receivable, owed, undischarged, to be paid, due, in the red, unattended to, in arrears, outstanding, payable, unresolved, owing

Aging:

Meanings of Aging:

  1. The process of aging.

  2. Getting old (someone)

Sentences of Aging

  1. External signs of aging

  2. Elderly population

Synonyms of Aging

senior, old, aged, venerable, mature, older, ancient