Aging Schedule
An aging schedule (also called an accounts receivable aging schedule) shows an organization’s accounts receivables, categorized by their due dates. By filling out an aging schedule, a business can effectively determine if their customers are submitting payments on time.
While aging schedules can be customized to show whichever time periods you’d prefer, common time periods used include 1 – 30 days, 31 – 60 days, 61 – 90 days, and over 90 days.
Learn More: How to Fill Out an Accounts Receivables Aging Schedule