With Accounting Plus, you can choose to use daily ageing periods of any length you like; you also can use monthly ageing periods. The selections you make will affect the way information is displayed in the Analyse Debtors and Analyse Creditors windows, on plain-paper statements and on the summary and detail versions of the following reports: Aged Debtors, Aged Creditors, Debtors Reconciliation and Creditors Reconciliation.
If you choose to use daily ageing, you can use any number of days you like, up to 999 days. For example, if ageing periods of 7, 14 and 21 days are common in your industry, enter 7 for the first ageing period, 14 for the second ageing period, and so on.
If you choose to use monthly ageing, you can identify your ageing 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 categorise transactions by the number of months they are overdue.
See examples of different ways to use monthly ageing in Examples of monthly ageing.
If you don't select any ageing options using the Preferences window, your transactions will continue to be aged at 30-, 60- and 90-day intervals as they have been in previous versions of MYOB software.
Click below for the step-by-step procedure:To choose preferences for reports and forms