GEM-CAR FAQ
Accounts Payable Aging
An accounts payable aging report, also known as an aged payables report or creditor aging report, is a critical accounting document used by businesses to track outstanding bills owed to vendors (suppliers) and analyze how long those bills have been unpaid.
Here's a breakdown of the key aspects:
- Accounts Payable: This refers to the money a business owes to its vendors for goods or services they have already received on credit.
- Aging: This refers to the length of time an invoice has been outstanding.
From the left main Menu, click on Accounting > Reports > Account Aging.
Other articles on the subject:
Personalize or Modify Your Account Charter
How to Import a Chart of Accounts
Brief Definition of Accounting Terms
Active and Inactive GL Accounts
How to Import a Chart of Accounts
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Olivier Brunel
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