Aged receivables report

Seeing collection risk before it bites

An ageing report is only useful if the balances behind it are right. We reconcile every customer balance to actual invoices and payments received before the report goes out, so the current, 30, 60 and 90-plus day buckets reflect what is really outstanding.

Monthly, as part of close

The ageing report is prepared each month as part of our close process, with an updated view available on request if you need to check one customer sooner, ahead of a decision about extending further credit.

Notes, not just numbers

Any invoice under dispute or on a payment plan is noted against the balance, so the report tells the real story rather than making a negotiated arrangement look like a bad debt.

Flagged for your review, not written off for you

Accounts moving into a higher-risk bucket month over month are flagged for you. Whether a balance eventually becomes a bad debt write off, which your tax agent handles at year end, is a decision you make, not something we decide on your behalf.

Reconciled to your financial year

Because the Australian income year runs 1 July to 30 June, we can also cut the ageing report at year end on request, giving your tax agent a clean receivable position to work from rather than a number that still needs reconciling before it goes into your return.

Read alongside your own obligations

An ageing report is more useful when it sits next to what you owe, not on its own. We can pair it with your accounts payable position and your superannuation and wage run dates, so a customer sliding into the 60 or 90-plus day bucket is judged against the cash you actually need out the door that same month, rather than in isolation from the rest of your obligations.