accounts receivable aging schedule definition

accounts receivable aging schedule definition

Glossary: accounts receivable aging schedule

Accounts Receivable Aging Schedule is a classification process, as reported on a schedule by time intervals (30 day increments & current), 30 days, 60 days, 90 days, 90+ days, used to analyze the amount of money owed to a business by its customers. Accounts receivable aging schedule is used by credit grantors (such as banks and factors) to determine the probability of collection, as it shows patterns of payment and delinquency.


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Definition: accounts receivable aging schedule

Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.

Accounts Receivables Financing (Factoring): The factor manages your invoices and provides you with credit control and collection services of all your outstanding debts.

Factoring Glossary - Define: accounts receivable aging schedule - 2004 HJ Ventures International, Inc.