Creating aging codes

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.