What is a Top 20 Customer Accounts Receivable (AR) Aging Report?

Top 20 AR Aging are considered operational reports and are used by accountants and AR managers to quickly see the customers that owes the most money. Some of the key functionality in this type of report is that it can be run for any period and it will list the top 20 customers in ranked order based on their outstanding debt to the business. The right chart shows the ranked list of customers and the left chart shows what percent the top 3 customers makes up out of the total AR from the top 20 customers. You find an example of this type of report below.

Purpose of Top 20 AR Aging Reports

Companies and organizations use Top 20 AR Aging Reports to make it easy to monitor the customers with the most significant outstanding debt to the business. When used as part of good business practices in a Accounting department, a company can improve its liquidity as well as reduce the chances that significant bad debt occurs.

Top 20 AR Aging Report Example

Here is an example of a analytical Top 20 AR Aging Report.

Top 20 Customer AR Aging Report

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Controllers, accountants, collection managers.

Other Reports Often Used in Conjunction with Top 20 AR Aging Reports

Progressive accounting departments sometimes use several different Top 20 AR Aging Reports, along with receivables reports, sales reports, receivables and cash dashboards and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data for competitors typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

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

Corporate Performance Management (CPM) Cloud Solutions and More Examples