Static aging
Static aging implies that as payments are made to a customer's balance, the aging buckets are not updated. To create static aging balance amounts, run Receivable Activity Summary.
Note: On the Receivable
Company, static aging calculation does not incorporate future period logic. The
output is one of these calculations:
- Current Days and the five past due aging periods.
- Current Days and the eight past due aging periods for the Company Customer and Company Customer static aging updates.