Aging

1. Age From Constants

Specify whether the system retrieves aging specifications from the A/R constants or from processing options. Values are:

Blank: Use processing options.

1: Use A/R constants.

2. Aging Date

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

3. Date to Age Accounts From

Specify the date from which the system ages accounts. Values are:

D: Due Date (default)

I: Invoice Date

G: General Ledger Date

S: Statement Date

4. Aging Method

Specify which aging categories the system uses to assign invoices. The system uses the date specified in the Aging Date 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 6 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.