What is Aging Report?

The accounts receivable aging report is a list by a client by date of any open or unpaid invoices from you to your customers. It is the primary tool to manage the credit you have given to your customers and to make collection inquiries. Depending on your payment terms, columns are usually set up in 30-day increments as to whether your clients are paying their bill to you on time or late.

Five Tips for Following Up on Accounts Receivable

Five Tips for Following Up on Accounts Receivable

It can be one of the greatest frustrations of owning your own trucking company – you do a great job delivering safely and on time, but…
The Advantages of

The Advantages of "One Stop” Purchase Order and Accounts Receivable Financing

Most commercial financial transactions follow a well-established process:  A transaction starts with a purchase order, an electronic or paper document issued by the Buyer detailing the…
Using Accounts Receivable Financing for the Liquidity

Using Accounts Receivable Financing for the Liquidity

When running your business, a cash shortage can be a nightmare. You must pay bills, pay staff and order the goods that keep your business…