Overview:

The Aged Payables Report is a vital financial tool that helps manage supplier accounts by displaying the total outstanding balances, grouped by aging buckets. This report is organised by Supplier Account and shows the balance as of a specific date, with amounts categorized in ageing columns, such as current, 30 days, 60 days, 90 days, and beyond. It provides a clear picture of what is owed to suppliers and how long those amounts have been outstanding, aiding in effective cash flow management and ensuring timely payments to maintain good supplier relationships.

To run the Aged Payables Report, ensure you have the necessary permissions to view Accounts, Ledger records, and Ledger Payment History records. Navigate to the Financial Reports tab, click on the Aged Payables icon, select the desired date ranges, and click Generate Report. The report will then display the balances as per the specified date ranges. Optionally, you can export the report to Excel for easy download and further analysis.

Using the Aged Payables Report, you can see the balance of supplier accounts at a specific point in time, with amounts grouped into aging columns. This helps in assessing the total balance of all supplier accounts and managing outstanding liabilities effectively.

Run The Aged Payables Report

You will also need to have the relevant object and field permissions to view Accounts, Ledger records and Ledger Payment History records.

Follow these steps below:

1. Go to the Financial Reports Tab
2. Click on the Aged Payables  icon
3. Select the Date ranges you would like to view on the report.
4. Click Generate Report.
5. Optional: You can also use the Export to Excel button to download a .xls file to your desktop.

Learn more about advanced financial reporting in Zumzum Financials.