The aged debtor report in Sage Line 50 shows you which customers owe you money over what period of time. To open an Aged debtors report open your company information in Sage Line 50 then navigate your way to the Customers section and select Report then Aged Debtors reports and ultimately Aged Debtors Analysis (Detailed) when you open this a pop up will appear. Select OK.
The report is sectioned by customer. For each customer you have a title line showing the customers account code, contact and main telephone. Beneath it then shows you the current outstanding payments for that customer. The report shows the transaction number under No, the sort of transaction, date of transaction and the reference (invoice number) you are then shown the details. This information is input by you when you create an invoice or credit note for the customer.
You are then shown under balance the total amount owed by that customer for each invoice. The amounts are all sectioned into Future, Current, Period 1, Period 2, Period 3 and Older. Current would be payments below 30 days, accelerating by 30 days for each period. You are able to change the period of time by changing the terms of payment with the customer under the customers information. Sage Line 50 sets the period by working out how old the payment is from the invoice/credit note date.
Underneath this you have a total turnover and borrowing limit for that customer. Sage Line 50 instantly puts the customers into descending alphabetical order. The report only shows customers that have outstanding payments ensure you reconcile the bank before creating a report as there might be payments in the bank.
At the end of the report Sage Line 50 totals the amount owed from each period and , the balance. The balance should show exactly how much money you expect from customers.
The report is sectioned by customer. For each customer you have a title line showing the customers account code, contact and main telephone. Beneath it then shows you the current outstanding payments for that customer. The report shows the transaction number under No, the sort of transaction, date of transaction and the reference (invoice number) you are then shown the details. This information is input by you when you create an invoice or credit note for the customer.
You are then shown under balance the total amount owed by that customer for each invoice. The amounts are all sectioned into Future, Current, Period 1, Period 2, Period 3 and Older. Current would be payments below 30 days, accelerating by 30 days for each period. You are able to change the period of time by changing the terms of payment with the customer under the customers information. Sage Line 50 sets the period by working out how old the payment is from the invoice/credit note date.
Underneath this you have a total turnover and borrowing limit for that customer. Sage Line 50 instantly puts the customers into descending alphabetical order. The report only shows customers that have outstanding payments ensure you reconcile the bank before creating a report as there might be payments in the bank.
At the end of the report Sage Line 50 totals the amount owed from each period and , the balance. The balance should show exactly how much money you expect from customers.
About the Author:
Lois Park has just joined the team at Prosyn and is assisting with internal small business IT Support setups. This Sage Line 50 was one of her first projects. At Prosyn we target our internal systems as much as we do when providing Business IT Support to our clients.
0 comments:
Post a Comment
Loading...