What is an accounts receivable report grouped by dynamic aging?

Old accounts receivable reports are considered operational reports and are used by accountants to determine past due balances from clients. Some of the key features of this type of report is that it dynamically calculates and displays outstanding amounts by querying for transactions within date ranges such as 0-30 days, 31-60 days, and so on. Because it is dynamic, the user does not need to run any old processes in their ERP system first. Below you will find an example of this type of report.

Purpose of Aging Reports AR

Aging reporting (AR) is used by businesses and organizations to easily spot customers who are behind on their payments. When used as part of good business practice in a Financial Planning and Analysis (FP&A) and Accounting Department, a company can improve its liquidity, as well as reduce the risk that a customer will never pay.

Accounts Receivable Aging Report Example

Here is an example of a modern aging (AR) report with automatically calculated aging groupings.

Accounts Receivable Report with Dynamic Aging Buckets

Accounts Receivable Report with Dynamic Aging Buckets

You can find hundreds of additional examples here

 

Who uses this type of Report?

Typical users of this type of report are: CFOs, controlling treasurers, and accountants.

Other reports often used in conjunction with accounts receivable (AR) aging reports

Most financial planning and analysis (FP&A) and accounting departments use several different AR aging reports, along with sales transaction reports, accounts payable (AP) reports, and other management and control tools.

Where does the data for the analysis come from?

Actual data (historical transactions) usually comes from enterprise resource planning (ERP) systems such as: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics SL , Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Netsuite and others.

In analyzes using budgeting or forecasting, the data typically comes from internal Excel spreadsheet models or from professional business performance management (CPM / EPM) solutions.

What tools are typically used for reporting, planning, and dashboards?

Examples of business software used with the data and enterprise resource planning (ERP) systems mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example, Microsoft Excel)
  • Performance Management (CPM) tools (for example, Solver )
  • Dashboards (for example, Microsoft Power BI and Tableau)

Business Performance Management (CPM) Technology Solutions and More Examples

See hundreds of sample reports, consolidations, planning, budgets, forecasts and dashboards here