2 min read
Definition
An ageing schedule (or aged debtor/creditor report) groups outstanding invoices by how long they have been unpaid — current, 30 days, 60 days, 90-plus. It is the core credit-control document, showing at a glance where cash is stuck and which debts are at risk.
In plain terms
A quick scan tells you which customers are drifting and which debts are becoming dangerous — a 90-day-overdue balance is far more likely to go bad than a 30-day one. It focuses collection effort where it matters most.
Why it matters
Watching your ageing schedule is how you catch a debtor problem early. See aged debtors and how to chase overdue invoices.
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