Understanding Aging Information on Periodic Statistics

The system obtains aging information that is displayed on the Periodic Statistics form differently from the way aging information is displayed on other forms, such as Account Balance Inquiry and Account Status Summary.

When you run the Statistics History Update program, the system uses this criteria for aging invoices and displays the aging information for each period:

Criterion

Description

Aging Method

The system ages by fiscal periods that you define in the credit and collection date pattern.

Aging Date

The system uses the last day of each fiscal period that you define in the credit and collection date pattern.

Date Aging Based On

The system uses the value from the AR constants (due date, invoice date, GL date, or statement date).