1. Accounts Receivable Implementation Guide
  2. Aging

Aging

These processing options specify how the JD Edwards EnterpriseOne Accounts Receivable system ages customer's invoice information. For example, you define this information that the system uses to determine whether an account is delinquent, and if it is, the number of days it is delinquent:

  • The aging method.

  • The date on which the aging is based.

  • The beginning and ending aging categories.

Depending on the "as of" date, date type, and aging method that you specify in the processing options, the system determines which aging category to assign each open invoice. If the invoice is assigned to an aging category for which a delinquency policy has been established, the system generates a notice if that processing option is activated.

1. A/R Company Constants

Specify whether the system retrieves aging specifications from the Accounts Receivable constants or from the Aging processing options. Values are:

Blank: Use the values specified in the Aging processing options.

1: Use the values specified in the Accounts Receivable constants. If the Age as of Date field in the A/R constants is blank, the system uses the value in the Date: Age As Of processing option. If the value in the Date: Age As Of processing option is also blank, the system uses the current date. The system ignores processing options 2 through 12 when you select this option.

2. Aging Date

Specify the date that you want the system to use to determine the aging category to which to assign open invoices. The system compares the date that you enter to the date on the invoice, as specified by the Date Type processing option, to determine the number of days the invoice is past due.

If you leave this processing option blank, the system uses today's date to age open invoices.

3. Date Type

Specify the date on the invoice that you want the system to use to determine the aging category. The system compares the date that you specify to the value in the Date: Age As Of processing option to determine the number of days the invoice is past due. Values are:

Blank: Use the invoice due date.

1: Use the invoice date.

2: Use the G/L date.

3: Use the statement date.

4. Aging Method (1, 2, 3)

Specify which aging categories the system uses to assign invoices. The system uses the date specified in the Date: Age As Of processing option and the value specified in the Date Type processing option to calculate the aging for each invoice, and then assigns them to the aging category specified by this code. Values are:

1: Aging days. The system assigns invoices to the aging categories specified in the Aging Category 1 through Aging Category 8 processing options. The aging categories are user defined.

2: Fiscal periods. The system uses the fiscal periods defined by the date pattern assigned to the company record as the aging categories.

3: Calendar. The system uses each calendar month as an aging category.

5. Aging Category 1 through 12. Aging Category 8

Use these processing options to specify the interval that the system uses for the aging categories.

Note: The system does not print the future aging category on delinquency notices.
13. Unapplied Receipts Aging

Specify the aging method to unapplied receipts. Values are:

Blank: The system does not age unapplied receipts. The system does not include the unapplied receipt amount in any aging category, including Current.

1: Use the aging method that you specify in the Date Type processing option on the Aging tab.

2: Use the Current aging column for all unapplied receipts.

3: Use the unapplied receipt to the oldest open invoice or group of invoices in a customer's account. For example, if you have invoices in aging categories 1 - 30, 60 - 90, and 150 - 180, the system applies the receipt to the 150 - 180 aging category until all invoices are paid, and then applies unapplied receipts to the 60 - 90 aging category until all invoices are paid, and so on.

14. Credit Amount Aging

Specify the aging method for credit invoices. Values are:

Blank: Does not age credit invoices.

1: Use the aging method you specify in the Date Type processing option (Aging tab).

2: Use the Current aging column for all credit invoices.

3: Apply the credit invoice to the oldest open invoice or group of invoices in a customer's account. For example, if you have invoices in aging categories 1 - 30, 60 - 90, and 150 - 180, the system applies the credit invoice to the 150 - 180 aging category until all invoices are paid, and then applies credit invoices to the 60 - 90 aging category until all invoices are paid, and so on.