Accounts Payable - Aged Report Summary

Pgm: AP1000S– Aged Report Summary; standard Treeview path: Accounts Payable > Reports > Aged Report Summary

Use this screen to generate an aged report summary.

Sample Aged Report Summary (AP1000S)

The report shows outstanding balances owed by the company group to vendors. Outstanding balances are separated by age of the received bill(s):

• "Current" for bills 0 to 30 days old

• "31 - 60" for bills 31 to 60 days old

• "61 - 90" for bills 61 to 90 days old

• "Over 90" for bills older than 90 days old

The total reflects the total of all received bills from the vendor.

Discount

Reflects discounts provided by the vendor. May only apply under certain payment conditions (such as paying within 10 days of bill receipt).

Outstanding Retainage

This column displays the amount left in retainage with the vendor.