Payments Received Against Aged Receivables

Accounting

Produce payments created in a time period and what aged debt it relates to

It goes through every payment received over a time period and what the payment is allocated against to obtain the dates.

Negative payments are ignored, as they will not have been taken up in the aged receivables debt

This is the key point of calculation to calculate what is current, and the time periods listed are all relevant to the due due, NOT the invoice date

The aged receivable time that it is calculated against is the date created of the payment against the due date of the invoice it has been applied to

The amounts displayed are in local currency and inclusive of taxes