Creating aging codes
-
Select .
-
Click Create.
-
Specify this information:
- Company
- Select a company number.
- Aging Code
- Specify an aging code.
- Description
- Provide a description for the aging code.
- Age Credits Rule
- Select the way in which credit memos are
aged when aging across companies. You can select Aged To Last Debit Column,
Aged In Current Column,
or Aged Respective To
date.
- Age Payments Rule
- Select a payment aging option. You can
select Aged To Last Debit
Column, Aged In Current
Column, or Aged
Respective To date.
- Age Disputes Rule
- Select whether disputes are aged using the
Default Aging
Method when aging across companies.
- Aging Method
- Select whether to Age By Due Date or Age By Transaction Date when aging
across companies.
- Current Aging Period
- Specify the number of current days that are used when aging
across companies. This field is used to define the separation
between current and future aging periods. Current and future aging
periods contain transactions that are not past due for due date
agings, or past transaction date for transaction date
agings.
- Age Periods (1, 2, 3, 4)
- Specify the aging periods that are used when aging across
companies. Specify the periods in consecutive and ascending order.
If these fields are blank, then 30, 60, 90, and 120 are the default
values. There are a total of seven aging periods.
- Additional Aging Periods
- Select this check box to display three
additional Aging
Periods fields and one additional Future Days
field.
- Age Periods (5, 6, 7)
- If the Additional Aging Periods is
selected, then specify three aging periods that are used when aging
across companies.
-
Click Save.