Accounts Receivable

The Accounts Receivable aging report shows what each client owes your company, broken down by how overdue each amount is. Use it to follow up on late payments and monitor your outstanding receivables position.

Accessing Accounts Receivable

Navigate to Finance > Accounts Receivable from the main menu.

Running a report

Accounts Receivable is an on-demand report. Configure the date and click Run to generate it.

1. Set the As Of date (defaults to today).
2. Click Run.

Metrics

Once the report is generated, the following are shown:

Metric	Description
As Of	The date the report is calculated as of
Client Count	The number of clients with outstanding balances
Total Receivable	The total outstanding amount owed by all clients

Table columns

Column	Description
Client Name	The name of the client
Invoice Count	The number of outstanding invoices for this client
Current	Invoices that are not yet overdue
1–30 Days	Invoices 1 to 30 days past due
31–60 Days	Invoices 31 to 60 days past due
61–90 Days	Invoices 61 to 90 days past due
91–120 Days	Invoices 91 to 120 days past due
120+ Days	Invoices more than 120 days past due
Total	The total outstanding balance for the client

Only amounts greater than zero are shown in each aging bucket. A summary row is pinned to the bottom of the table showing the totals across all clients for each aging bucket.

Understanding the aging buckets

Aging is calculated from the invoice due date relative to the As Of date. An invoice is placed in the appropriate bucket based on how many days have elapsed since its due date:

• Current — the due date is on or after the As Of date.
• 1–30 Days — the due date was 1 to 30 days before the As Of date.
• 31–60 Days — 31 to 60 days overdue, and so on.

If an invoice does not have a due date set, it is treated as current.

Sorting

Click any column header to sort the report by that column.

Related

• Statement of Account — send a ledger summary to a client and apply customer credit balances.
• Chart of Accounts
• Journal