Vendor Aging

Implementation Updated by Implementation

What is Vendor Aging?

The accounts payable aging report categorizes payables to suppliers based on time buckets. The report is typically set up with 30-day time buckets, so that each successive column in the report lists supplier invoices that are: 0 to 30 days old. 31 to 60 days old. 61 to 90 days old.


Via aging user can easy access which bill is pending for a long time. Also they can see pending payments on single page.

Use Case

Suppose there is firm “XYZ Ltd”. They have lots of Vendors so it is not possible to check all Vendors one by one.

With this option, user can check all vendors with pending balances. Even if any Vendor advance is standing then system will show that too.

Steps to be performed for Customer Ageing

1.Go to Account Payable

1.1.Go to Reports and click on Vendor Aging

2.Vendor Aging: Here user can see all details.

a)User can see here All slabs, payment term and due amount based on that and advance payments.

3.User can change Slabs by click on “Manage Slabs”.

3.1.User can set here up to 6 slabs.

4.Click on marked button to see pending bills detail

4.1.See pending bills details

5.User can see the report “Document Date Wise” and “Posting Date Wise”.

5.1.User can print & download the report.

How did we do?


Vendor Clearance