Aging

1. Aging Specifications

Specify whether to retrieve aging specifications from the Accounts Payable Constants program or the aging processing options. Values are:

Blank: Age transactions based on the processing options.

1: Age on the due date using the aging days in the constants.

2. Date Type

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

Blank or D: Due date.

G: General ledger date.

I: Invoice date.

If the Aging Specifications processing option is set to retrieve aging specifications from the accounts payable constants, this processing is ignored and the system uses the due date on the voucher.

3. Aging Method

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

Blank or 1: Aging days.

2: Fiscal periods.

3: Calendar months.

If the Aging Specifications processing option is set to retrieve aging specifications from the accounts payable constants, the system ignores this processing option.

4. Aging Days - Aging Category 1–5

These processing option apply only if you left the Aging Specifications and Aging Method processing options blank.

Use the four aging category processing options in conjunction with one another to specify the aging intervals. For example, you specify 30–, 0,30,60, and 90 in these processing options, the five aging columns of the report are Current, 1–30, 31–60, 61–90, and Over 90.

5. Age Credits

Specify how the system ages credits. Values are:

Blank: Apply credits to the current aging column.

1: Apply credits to the appropriate aging column.