oboloo Glossary

Accounts Receivable Aging Formula

oboloo Glossary

Accounts Receivable Aging Formula

Accounts receivable aging is a financial accounting process used to analyze the status of a company’s unpaid invoices. It helps businesses track their overdue payments and provides an organized view of all money owed by customers. Using the accounts receivable aging formula, companies can easily categorize their invoices into groups according to their due dates and determine which payment deadlines need attention. By following this simple formula, you can create an efficient system for managing your business’s incoming payments.