The Aged Receivables report details all outstanding invoice balances and aging information on those receivable balances. This provides insight into how much money can be received to your organization and how long the balances have been outstanding.
|The report can be accessed in Reports > Billing Reports.|
The Filters section offers a Period ending field that can be set to ignore invoices created before that date.
If multiple currencies are used in your system, a Currency can be designated. Only items using the selected currency will be displayed.
You can Report on Payment due date or Invoice created date. This controls whether the aging is calculated from when the invoice is due or from when the invoice was created.
Aging output on the report is determined by which Period groups are selected when the report is run.
1, 2 & 3+ Months
7, 14 & 21+ Days
The Debtor field is used to define a specific party who has been billed. Only invoices created for the selected contact will be displayed.
The Show participant option provides a selection of all participant types in your system.
For instance: If the Attorney participant type is selected, a column with the name of the attorney on the matter related to the invoice will display on the report.
By default, the report is grouped by the Customer/Client who is the billable party on the invoice.
Using the Group by option, the report can show invoices grouped by the Responsible lawyer, Matter Type, Overdue period, Matter, or the Show participant option participant type.
The Order by option determines the order the invoices are displayed in their Group by groups.
The options shown in the image above dictate whether Trust account balance, Unallocated payments, and/or General retainers are displayed for each matter on the report.
The output section provides options for how the report is produced.
On screen (HTML)
This option displays the report results on your current screen.
This option launches a print dialog from a PDF version of the report. To download as PDF, select Save as PDF in the Print > Destination dropdown on the print dialog screen.
|Note: Print dialog will vary based on your browser.|
This option downloads an xlsx, MS Excel, file to your computer. This is a great option to perform further calculations in a spreadsheet format.
Save XLSX file to a matter
Selecting this option will launch a screen to select a matter and a destination folder.
The report will be saved to the selected matter and folder, and it will be accessible in the matter’s documents screen.