Receivable & Payable Five Aged Report

This Article is for:

ABSS Accounting v28.7 SG / v28.8 MY / v28.10 INT
ABSS Premier v23.7 SG / v23.8 MY / v23.10 INT

Two additional Ageing periods for Receivable & Payable

Ageing report is used to identify open invoices and keep track of slow-paying clients. Users can now generate the Ageing Report with 5 periods which previously only 3 periods.

Preference Setting
To set up the additional ageing periods, go to Setup > Preference > Reports & Forms.
(Refer to IMG001)

IMG001

Note: The default ageing days for 4^th and 5^th columns are automatically set to add 30 days and 60 days respectively from the value input into the 3^rd column.

Easy Setup Assistance
The additional ageing period fields is now reflected in the Customise Easy Setup Assistance, Review ageing periods screen.
(Refer to IMG002)

IMG002

Account Receivable and Payable Reports Customisation

The additional ageing periods are added to Report Customisation – Ageing Detail, for both Receivables and Payables. (Refer to IMG003)

i) Ageing Summary

ii) Ageing Detail

iii) Reconciliation Summary

iv) Reconciliation Detail

IMG003

Statement of Account (SOA) customisation

The 4^th and 5^th ageing period fields are now available in form customisation for Statement of Account. This applies to both, Activity and Invoice Layout. (Refer to IMG004)

IMG004

The following form templates have been updated accordingly.

Statement of Account Invoice Layout

- - - - ABSS Premier's Plain Paper Statement
      - Pre-Printed Statement

Statement of Account Activity Layout

- - - - ABSS Premier's Plain Paper Statement
      - Pre-Printed Statement

Sample:

Statement of Accounts Invoice Layout generated with ABSS Premier's Plain Paper Statement form. (Refer to IMG005)

IMG005

Analyse Receivables and Analyse Payables screens

The 4^th and 5^th ageing period fields are now reflected on Analyse Receivables (refer to IMG 006) and Analyse Payables screens (refer to IMG 007).