Aging Reports

An aging report is a financial document that shows how long it has taken for customers to pay their overdue invoices. It categorizes unpaid bills based on how many days they have been outstanding, such as 0-30 days, 31-60 days, and beyond. This helps businesses assess their cash flow, identify overdue payments, and decide how aggressively to pursue collections. Essentially, it provides a clear snapshot of a company's receivables, highlighting which customers owe money and for how long, enabling more effective financial management.