Aging

1. Aging Specifications

Specify the method by which the system retrieves aging specifications from the F0009 table instead of the aging processing options. Values are:

Blank: Ages transactions based on the information that is set up in the processing options.

1: Ages transactions based on the due date using the aging days in the Accounts Payable constants.

2. Date Type

Specify which date on the voucher the system uses to age open balances if the aging specifications processing option is set to use the aging processing options. The system compares this date with the aging date to determine the aging period in which to place each transaction. Values are:

Blank or D: Use the due date to age vouchers.

G: Use the GL date to age vouchers.

I: Use the invoice date to age vouchers.

3. Aging Method

Specify which aging periods the system uses if the Aging Specifications processing option is set to use the aging processing options.

If the aging specifications processing option is set to retrieve aging specifications from the Accounts Payable constants, the system ignores the values in this processing option. Values are:

Blank or 1: Aging days

2: Fiscal periods

3: Calendar months

4. Aging Days

Aging Category 1, Aging Category 2,Aging Category 3, and Aging Category 4

Use these processing options to specify the aging intervals. For example, if the values that are specified in the aging category processing options are 30−, 0, 30, and 60, then the four aging columns of the report will be Current, 1–30, 31–60, and Over 60.

These processing options apply only if you leave the Aging Specifications processing option blank to use the aging processing options, and you leave the Aging Method processing option blank to use aging days.

5. Age Credits

Specify how the system ages credits. Values are:

Blank: Apply credits to the Current aging column.

1: Age credits.