Aging of Accounts Receivable

Aging of Accounts Receivable (Aging Schedule)
A critical tool for analyzing the quality of a company's receivables, the aging schedule classifies trade accounts receivables by their date of sale and reveals patterns of delinquency.
Receivables Aging Schedule
A Receivables Aging Schedule is an accounting table that shows the amounts due from customers broken down by their aging period. This tool helps businesses monitor outstanding invoices and evaluate the effectiveness of their credit and collections processes.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.