What Is Aging Report?
A list of open receivables or payables grouped by how overdue they are.
Detailed Explanation
Buckets like 0–30, 31–60 days highlight risk. Drives collections and vendor scheduling.
Example
Your AR aging shows $8k over ninety days for one account.
Why It Matters
Prioritizes who to chase or extend credit to.
Related Resources
Related Accounting Terms
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