Debtor and Creditor Ageing Reports

Overview

The Debtor and Creditor Ageing Reports provide a detailed view of overdue invoices, helping you manage both receivables from clients and payables to suppliers. These reports are essential for monitoring outstanding debts and ensuring timely payments to maintain healthy cash flow.

The ageing reports differ from the Monthly Balance Reports in that they are concerned with invoices that are overdue (exceeding the agreed payment terms). The client and supplier monthly balance reports encompass all outstanding invoices, grouped by month.

• Debtor Ageing Report: Shows client invoices that are overdue and past their agreed payment terms.
• Creditor Ageing Report: Displays supplier invoices that you owe and have not yet paid, which are past their due date.

How to Use These Reports

These reports are structured to show outstanding invoices in different time bands, such as:

• 0-15 days overdue
• 16-30 days overdue
• 31-60 days overdue
• 61-90 days overdue
• 91+ days overdue

This allows you to quickly identify which debts need immediate attention and prioritize follow-ups with clients or payments to suppliers.

How to Access the Report

To access the Debtor and Creditor Ageing Reports:

1. Go to the Reports menu.
2. Select Show All Reports.
3. Click on the “Other” tab
4. Choose either the Debtor Ageing Report or Creditor Ageing Report.

By regularly reviewing these reports, you can improve debt recovery, manage supplier relationships, and keep your business’s financial position in check.