The Aged Accounts Receivable Report provides a list of charge balances distributed to aging periods. This report is useful for determining past due and current balances of records who own or are assigned activity. For example, you can run the Aged Accounts Receivable Report to quickly see past due balances of your school’s student, individual, and organization accounts.
An example is as follows:
You have a $200 charge dated 03/15/05 that has a $100 payment dated 04/15/05. In the report, if you include transactions through 03/31/05 and use an aging date of 03/31/05, the student has a balance of $200. If you include transactions through 04/15/05 and use an aging date of 03/31/05, the student has a balance of $100.00. The aging date only determines the aging bucket in which balances will fall; it is not used as a filter.