Reports and forms

Understanding user-defined aging

With AccountEdge, you can use daily aging periods of any length you like; you also can use monthly aging periods.

The selections you make will affect the way information is displayed in the Analyze Receivables and Analyze Payables windows, on plain-paper statements and on the summary and detail versions of the following reports: Aged Receivables, Aged Payables, Receivables Reconciliation and Payables Reconciliation.

Daily aging

If you use daily aging, you can use any number of days you like, up to 999 days.

For example, if aging periods of 7, 14 and 21 days are common in your industry, enter 7 for the first aging period, 14 for the second aging period, and so on.

Monthly aging

If you use monthly aging, you can identify your aging periods by either month name or month number.

If you choose month names, reports and windows will include transactions in the months they came due. If you choose month numbers, reports and windows will categorize transactions by the number of months they are overdue.

Default setting for aging

If you don't change the aging options using the Preferences window, your transactions will be aged at 30-, 60- and 90-day intervals. This is the automatic MYOB AccountEdge setting.

Step by step

Related topics