Content
- Introduction
- Explanation of Aging Reports
- Accessing Aging Reports
- Aging Reports Usage
Introduction
This article is meant to assist you with Aging Reports. This is part of the optional add-on, Enterprise Financials. If you are interested in the extendedReach Enterprise Financials, please contact your Agency Administrator, or sales@extendedreach.com.
Explanation of Aging Reports
Once the Enterprise Financials functionality is enabled, Aging Reports will be available. Aging Reports are reports of unpaid amounts sorted into different columns determined by the number of days the amount is past due.
Accessing Aging Reports
You must be an Agency Administrator or Billing Administrator to access the “Financial” menu on the left side of your Workspace. Under “Summaries”, choose “Financial”, and click on “Aging Reports”.
Image: “Aging Reports Access”
Aging Reports Usage
Aging Reports can be used by breaking down data in a variety of ways.
Image: “Aging Reports Usage”
Option 1. Groups: Hover over “Group Aging”, and select a category from the drop-down menu.
Image: “Aging Reports: Group”
Option 2. As of Date: This button will generate a Historical Aging Report which will show what amounts were past due on a particular date in the past. This functionality is typically used for financial audits as well as to determine historical trends (increase/decrease in overall amounts due). The Historical Aging Report can also show “Posted Balance” as of a date. (This will report on only the amounts posted to your accounting system and use the Posted Date to age an amount.)
Image: “Aging Reports: As of Date”
The box below will open. Complete the fields and click on “Submit”.
Image: “Aging Reports: As of Date Details”
This is the document that will be generated, based on your field selections.
Image: “Aging Reports: As of Date Results”
