Accounts Receivable Aging
Purpose of this Report
The Accounts Receivable Aging report determines how much billed receivables have accumulated by client per aging bucket for the date range selected.
You can choose to subtotal finance charges separately. AR can be aged with up to seven (7) user-defined intervals.
Permissions Required to Access this Report
For the security group the user is assigned to they must have View Permissions for these areas:
Practice under Functional Rights-Reports-Firm Library
Client Profile under Functional Rights-Administration Manager-Client
Reports in Foundation that are Comparable
In Practice Management, the comparable report is AR Aging.
In Practice Advantage, there is no comparable report.
Report Specifications
The following report options and data selections are available to determine the report contents.
Options and Settings:
Hide Details
Yes/No
Shows or hides the transaction details.
Include client with transactions and AR
Yes/No
Includes or excludes the clients with an AR balance of 0.00.
balances of $0.00
Include credit balances
Yes/No
Includes or excludes the clients with an AR credit.
Include clients with a minimum AR
Number
Includes the minimum AR balance entered for the clients.
balance of….
Calculate aging for undistributed
List
Determines the date to use for aging of undistributed transactions. The options are
payments using…
undistributed transaction date or oldest unpaid invoice date.
Show client AR limit
Yes/No
Includes or excludes the clients AR limit.
Show client last payment date and
Yes/No
Shows or hides the last payment date and amount.
amount
Show client address
Yes/No
Shows or hides the client’s address.
Start aging period for minimum AR
Number
Determines the starting period for the balance to qualify for aging.
balance at…
Set number of days for aging period 1
Number
Determines the number of days in aging period 1.
Set number of days for aging period 2
Number
Determines the number of days in aging period 2.
Set number of days for aging period 3
Number
Determines the number of days in aging period 3.
Set number of days for aging period 4
Number
Determines the number of days in aging period 4.
Set number of days for aging period 5
Number
Determines the number of days in aging period 5.
Set number of days for aging period 6
Number
Determines the number of days in aging period 6.
Set number of days for aging period 7
Number
Determines the number of days in aging period 7.
Select to age transactions using…
List
Ages transactions based on the type of date selected. The options are transaction date or
accounting period date.
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ACCOUNTS RECEIVABLE AGING
Count Days old of Distributed A/R
using…
Show Client Last Bill Date and Amount
Show separate finance charge totals
Default Data Selections:
Transaction Date
Type
List
Yes/No
Yes/No
Between
In
Determines how to figure the number of days old. The options are Invoice date where
distributed or transaction date.
Shows or hides the client’s last bill information.
Shows or hides the finance charge total line.
First day of current month; today
All
Optional Data Selections:
Accounting Period Date
Client Name
Last Paid Date
Applied To
Client Office
Line of Business
AR Limit
Client Primary Service Type
Manager
Business Code
Client Region
Posted Date
Client
Client Sub ID
Primary Partner
Client – Principal
Client Type
Return Group
Client Bill Manager
Document #
Tax Type
Client Billing Group
Financial Reporting Client Group
Transaction Date
Client Business Unit
Last Bill Amount
Type
Client ID
Last Bill Date
Client ID.Sub ID
Last Paid Amount
Note: Manager and Primary Partner are the default Client Responsible Staff. Any other Client Responsible Staff that are created will show up
in the data selection list as well.
Grouping:
Business Code
Client Name
Manager
Client
Client Office
Primary Partner
Client – Principal
Client Primary Service Type
Return Group
Client Bill Manager
Client Region
Sort Name
Client Billing Group
Client Sub ID
Tax Type
Client Business Unit
Client Type
Transaction Date
Client ID
Financial Reporting Client Group
Type
Client ID.Sub ID
Line of Business
Note: Manager and Primary Partner are the default Client Responsible Staff. Any other Client Responsible Staff that are created will show up
in the grouping list as well.
Sorting:
Amount
Applied To
RELEASE 2012-3.4.1
Client
Transaction Date
Type
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ACCOUNTS RECEIVABLE AGING
Fields that are displayed on this report:
Client
Client Address
Client Phone
Last Bill
Last Paid
AR Limit
Type
Date
Applied To
Amount
Running Balance
Current
2nd Aging
3rd Aging
4th Aging
5th Aging
6th Aging
7th Aging
Days Old
The client name (client ID.sub-ID)
The client’s address.
The client’s phone number.
The last billed amount and the billed date.
The last payment amount and the payment date.
The client’s AR limit.
The type of AR transaction.
The date of the AR transaction.
The invoice number of the associated transaction.
The amount of the AR transaction.
The amount of the transaction that is added or subtracted from the previous transaction.
The amount of the transaction that is aged as current (aging period 1 per user selections).
The amount of the transaction that is aged as 2nd aging (aging period 2 per user selections).
The amount of the transaction that is aged as 3rd aging (aging period 3 per user selections).
The amount of the transaction that is aged as 4th aging (aging period 4 per user selections).
The amount of the transaction that is aged as 5th aging (aging period 5 per user selections).
The amount of the transaction that is aged as 6th aging (aging period 6 per user selections).
The amount of the transaction that is aged as 7th aging (aging period 7 per user selections).
The number of days old the transaction is.
Accounts Receivable Aging With Details Not Showing:
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ACCOUNTS RECEIVABLE AGING
Accounts Receivable Aging With Details Showing:
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ACCOUNTS RECEIVABLE AGING