What Is Accounts Payable Aging?
A report showing how long vendor invoices have been outstanding, grouped by time period.
Detailed Explanation
Mirrors AR aging but from the buyer side. Helps prioritize which bills to pay and identifies potential late-fee exposure.
Example
The AP aging report shows $25k in invoices past sixty days, risking late fees from three vendors.
Why It Matters
Prevents surprise late charges and preserves vendor trust and credit terms.
Related Resources
Related Metrics & KPIs Terms
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