Accounts Receivable Aging
The Accounts Receivable Aging data in the Balances tab of an accounting period
This article describes the Accounts Receivable Aging data in the Balances tab of an accounting period. For information about the other sections in the Balances tab, see Accounting Period Balances.
An invoice is regarded as Aging if it is not paid in full by the end of the current accounting period. For example, an invoice date is 2/20/2018 with an amount of $100. A payment of $100 is applied to this invoice and the payment date is 3/20/2018. On the February accounting period, from the finance perspective, the invoice balance is still 100 because the payment has not been made in February. In this case, this invoice is regarded as Aging in February. On the March accounting period when the full payment is made, this invoice is not Aging and the invoice balance becomes 0.
Zuora Finance must be enabled on your tenant and you must have Zuora Finance Access permission to view the Accounting Period Balances tab.
After you have run a trial balance or closed an accounting period, you can view the Balances tab for information about your Accounts Receivable Aging balance for that period. You can view:
- Accounts Receivable Aging summary
- Accounts Aging details
- Invoice Aging details
- Debit Memo Aging details
To access the information, complete the following steps:
- Navigate to Finance > Accounting Periods.
- In the All Accounting Periods table, click the accounting period that you want to view.
- Click the Balances tab and then scroll down to the Accounts Receivable Aging section.
Viewing consolidated balances or balances for individual currencies
To view a consolidated Accounts Receivable Aging balance of all currencies converted into your home currency, select Consolidated View from the Currency drop-down menu.
You can also select individual currencies from the drop-down menu to view the balances for that currency only.