Dynamics GP AR Aging

Having an up to date and accurate accounts receivable aging is essential to exercising control over your outstanding receivables. You have to be able to get to the information on a regular basis or on an immediate basis, when required. you need to have the confidence that the information in the report, whether in hard copy or on-line inquiry format, is accurate. The aging will be the basis for your analysis and your collection activities.

These are some of the attributes of a sound business process and reporting structure that lead to a timely and accurate accounts receivable aging:

• Timely receipt and application of customer payments
• Timely posting and application of customer credits and adjustments
• Timely posting of customer invoices
• Recognition of varying payment terms if they exist
• Timely delivery of aging information to management and collections personnel

This is a quick video that shows you the functionality of the A/R aging functionality in Dynamics GP:

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