Customize Easy Setup Assistant—Review aging periods

You can choose how you want to age the account balances of customers and vendors. You can choose to use daily aging periods or monthly aging periods.

The selections you make will affect the way information is displayed in the Analyze Receivables and Analyze Payables windows, on statements and on the following reports: Aged Receivables, Aged Payables, Receivables Reconciliation and Payables Reconciliation.

Field Descriptions

Daily Periods

If you select the Use Daily Aging Periods option, enter the aging periods you want to use, in 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 Periods

If you select the Use Monthly Aging Periods option, you can choose to identify your aging periods by month name or month number:

■	If you choose month names, your reports and windows will include transactions in the months they were due.

■	If you choose month numbers, your reports and windows will categorize transactions by the number of months they are overdue.

 

Tips for this window

Related Topics

■	Monthly aging of invoices

■	Set up preferences