A/R Finance & Factoring Terms GLossary

Definition ofAging Report

The accounts receivable aging report is a list by a client by date of any open or unpaid invoices from you to your customers. It is the primary tool to manage the credit you have given to your customers and to make collection inquiries. Depending on your payment terms, columns are usually set up in 30-day increments as to whether your clients are paying their bill to you on time or late.

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OTHER TERMS BEGINNING WITH "A"

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