Accounts Payable Aging

Accounts Payable Aging

Accounts Payable Aging refers to the list of unpaid invoices to suppliers. The payables are consist of inventory, supplies, and services that you avail to operate the business.

Accounts Payable Aging Menu

Accounts Payable Aging Menu Terms on Oojeema Prime System:

Field	Description
1. Record Filter	Set of filter record for precise search of records. Records will be defaulted to set on Filter All for Vendors, current date for As of date and 50 for Display list
2. Company Details	Basic Information of the Company
3. Export	Allows the user to export the records into spreadsheet
4. Vendor	The customer assigned for the specific Receivables.
5. Reference	The reference record for the Accounts Payable of the Vendor. Clicking the Payables link will let the user view the status of the Payable.
6. Terms	The set default days on the Vendor for you to pay your outstanding balance on their payables. Aging will start when the days on the Terms are exceeded.
7. Due Date	The date on which the receivable should be paid. Due dates will based on the Transaction date plus the Terms applied on the vendor.
8. Current	The balance to be paid on the payable during the span of Transaction date up to Expiration Date.
9. Aging Range	A range of days where the payable exceeds to its due date. Range will be categorized within 30 days , within 60 days and more than 60 days.
10. Balance	The total amount to be paid on a specific Transaction.