Receivables Aging Program

There is an Excel file that teaches how to perform the Receivables Aging Program operation.

Excel Receivables Aging Program

This program, which extracts a detailed breakdown of commercial receivables by maturity, brings financial planning under discipline. Also, it allows for instant viewing of overdue payments and risky balances. Because, the future course of cash flow is numerically predicted thanks to aging analysis. Thus, collection strategies are placed on a much firmer foundation and liquidity is protected. Therefore, this document is a vital tool for every business wishing to maintain tight financial control.

Hope it is useful.