Aging Period
An aging period is a set of buckets of days, such as 0-30, 31-60, 61-90 and over 90. The customer and vendor aging reports ask which aging period to use.
Every field in plain words
| Field | What it means | What to put |
|---|---|---|
| Aging Period | The code | Required. Unique |
| Name | The name | Required. Unique |
| Block | Stop offering it | |
| Predefined | Delivered with the system | Cannot be deleted |
| Name, From, To (lines) | One bucket: its heading and its first and last day | 0-30, 0, 30 |
Scenarios
- Credit control wants weekly buckets for the first month. A second aging period 0-7, 8-14, 15-21, 22-30, over 30. Pick it in the report's Aging Period criteria.
What it is connected to
- The aging reports and boards of Receivables and Payables: see Receivables lists and reports and Payables lists and reports.
If something looks wrong
- "Aging Period: ... cannot be deleted as it is predefined" Make your own and use it instead.