Aged Creditors (SupplierÆs) Analysis
Seeing a supplierÆs outstanding balances grouped by the age of the credit is a useful way of keeping track of your payment performance for that supplier and can act as a useful reminder to pay, and to see at a glance your potential cash flow needs.
When you run your aged balance report, you can enter the date against which you want to calculate the aged balances, and you can include payments up to a particular date. This gives you the flexibility to run the reports retrospectively, i.e. to include or exclude invoices depending on the payment date, if required.
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