Invoice Aging Definition

What is invoice aging?

The length of time invoices have been in your system without having been paid.

What does it answer?

It lets you know who you have to follow up with, where you need to take action and determine which clients are reliable and valuable. By aggregating across your customers, it also allows you to evaluate the overall efficiency of collections within your business.

How do you measure it?

In Bullhorn Canvas, pull the pre-built report for invoice aging, or create an ad-hoc report by pulling accounts receivable transaction by client and invoice paid status.

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