Aging

3. 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 Accounts Receivable constants is blank, the system uses the value in the Aging Date processing option. If the value in the Aging Date processing option is also blank, the system uses the current date. The system ignores processing options 3 through 12 when you select this option.

4. 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 that the invoice is past due.

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

5. Date Type

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

D: Use the invoice due date. This is the default value.

I: Use the invoice date.

G: Use the general ledger date.

6. Aging Method (1, 2, 3)

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 that you specified in the Aging Category 1 through Aging Category 15 processing options. The aging categories are user defined.

2: Fiscal periods. The system creates the aging categories by using the fiscal periods defined by the date pattern that you assigned to the company record.

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

7. Aging Category 1 through 11. Aging Category 5

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

12. Age Credits

Specify the aging method for credit invoices. Values are:

Blank: The system does not age credit invoices. The system includes the credit amount in the current aging column.

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