Are you checking  your Debtor Ageing Report regularly?

 

If not here are some reasons, why you should-

Debtor Ageing Report in Finsys help us to determine which party’s bills and invoices are cleared from our side but payments are pending from their side.

The pattern of debtors going beyond the normal creditors should be watched.

Accounts team should keep check on over 60s and over 90s.It’s difficult after over 90s situation as we have to do our vendor payments but if we are not getting our payments that will cause big trouble to us.

 

KEEP CHECK ON YOUR AGEING REPORT REGULARLY!!