How does the aged trade creditors report work?

A report that details all outstanding money you owe to suppliers broken down by age of debt e.g. 30 days 90+ etc

The Aged Trade Creditors Report details the expenses that you have received but not yet paid. The report groups and sorts the amounts according to the number of days outstanding.

Prior to generating the report you are able to customise the way the information is presented to you via the following options:

1. Date Range - This report is an 'As At' report. This means that technically it is not a date range, but more a Date To. It only shows transactions up until that day.

2. Select Sort Order - You are able to sort by:

    a. Creditor Name - Choosing this option will sort by the creditor.

    b. Creditor Surname

    c. Total - This will appear in descending order.

    d. Current - This will appear in descending order.

    e. 31 to 60 - This will appear in descending order.

    f. 61 to 90 - This will appear in descending order.

    g. 90 plus - This will appear in descending order.

3. Show Detail - If this tick box in not ticked the report will only provide you with totals. Whereas if it is on (see second image below) you will have additional details such as invoice #, date of invoice, matter details etc

With Detail

Once the report is generated the information you get (assuming you have the show detail checkbox ticked) is:

1. As At - the Date you chose

2. Creditor - this will show the creditor name

3. Total - 

4. Current - Any invoices issued 30 or less days ago 

5. 31 - 60 - Any invoices issued between 31 and 60 days ago 

6. 61 - 90 - Any invoices issued between 61 and 90 days ago 

7. 90+ - Any invoices issued more than 90 days ago 

8. Details - Date of expense, description, outstanding amount.

9. Total - The total at the bottom is a combined total of all outstanding amounts