Topics: accounts receivable, accounts payable, aging report
Aging is an accounting process that tells you how long you've had an asset or how long a bill has gone unpaid. Unlike turnover ratios, which give you averages, aging tracks specific line items and can help you to identify outliers.
AccountingDepartment.com is proud to announce that co-founder Dennis Najjar, CPA, CGMA has joined LORMAN as a faculty.
Cash flow problems can sink even profitable businesses. Not having a modern, efficient accounts receivable system in.
