Report Overview: Liability Aging Report

Learn more about tracking overdue balances based on aging periods.

Liability Aging Report Overview (Previously: Aging Report)

This report provides a detailed breakdown of all open invoices categorized by aging periods. The report groups past-due amounts into categories: current, 30 days past due, 60 days past due, and 90+ days past due. This allows you to track overdue balances based on how long they have been outstanding, aiding in the development and execution of strategies to collect these funds.

Some of the information available in this report include:

Reservation & Invoice (Account Number, Reservation Number, Invoice Number)
Customer Information (Name, Phone)
Balance Amounts (Credits, Current, 30 Days, 60 Days, 90 Days, Total)

Please Note:

A previous version of this report included both a start date and an end date. However, the data provided is based solely on balances as of the end date, meaning the start date does not impact the information reflected in the report.

Common Report Uses

Monitor Outstanding Balances: Track open invoices and overdue payments based on the age of the balance.
Prioritize Collection Efforts: Use the report to prioritize collection activities by focusing on the oldest debts first.
Enhance Financial Planning: Incorporate aging data into financial strategies to improve cash flow management.

Accessing the Report:

Navigate to the Reporting page within your Admin Site.
Search for Aging Report.
Select the date and Park(s).
Click Run Report.

Download Options:

This report is available in a CSV format, offering flexibility in data manipulation and presentation. Once downloaded, this report can be uploaded into a spreadsheet software like Microsoft Excel, Google Sheets, etc.