Aging Specifications

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 current date.

2. 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 application control As Of Date 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.

3. Aging Method (1,2,3)

Specify which aging categories the system uses to assign invoices. The system uses the date specified in the application control As Of Date 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:

Blank or 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.

4. Aging Category 1

Use this processing option with the value specified in the Aging Category 2 processing option to specify the interval that the system uses for the future and current aging categories.

5. Aging Category 2

Use this processing option with the values specified in the Aging Category 1 and Aging Category 3 processing options to determine the interval that the system uses for the current and first aging categories.

6. Aging Category 3

Use this processing option with the values specified in the Aging Category 2 and Aging Category 4 processing options to determine the interval that the system uses for the first and second aging categories.

7. Aging Category 4

Use this processing option with the values specified in the Aging Category 3 and Aging Category 5 processing options to determine the interval that the system uses for the second and third aging categories.

8. Aging Category 5

Use this processing option with the values specified in the Aging Category 4 and Aging Category 6 processing options to determine the interval that the system uses for the third and fourth aging categories.

9. Aging Category 6

Use this processing option with the value specified in the Aging Category 5 and Aging Category 7 processing options to determine the interval that the system uses for the fourth and fifth aging categories.

10. Aging Category 7

Use this processing option with the value specified in the Aging Category 6 and Aging Category 8 processing options to determine the interval that the system uses for the fifth and sixth aging categories (Recheck Software for text issue).

11. Aging Category 8

Use this processing option with the value specified in the Aging Category 7 processing option to determine the interval that the system uses for the sixth aging category.