An accounts receivable (AR) aging report shows all unpaid customer invoices grouped by the number of days outstanding. If you use an online accounting software you can create this report in a few minutes. Otherwise, you can create it manually in a Microsoft Excel spreadsheet. To avoid delinquent invoices, review this report monthly and follow up with your customers.
If you are dealing with the aging of accounts receivable in your business, sending automatic reminders to customers, accepting online payments from customers and offering early payment discounts can help you to get paid much faster.