Accounting & ERP · Intuit QuickBooks (Online & Desktop)

QuickBooks A/R Aging Summary (and Aging Detail)

A point-in-time snapshot bucketing open receivables by how overdue they are, which people read as a stable list of "who owes what" when it is really an as-of reclassification whose buckets and totals move every day it is re-run.

The shape, how the file is really laid out

Preamble rows: company, "A/R Aging Summary", and "As of <date>". Summary form

puts customers on rows and aging bands across columns, Current, 1-30, 31-60,

61-90, 91 and over, plus a right-hand TOTAL per customer, closing with a grand

TOTAL row. Detail form lists individual open transactions (Date, Transaction

Type, Num, Customer, Due Date, Open Balance) landed in one band. Sub-customers

and jobs nest under a parent with subtotal rows. Credit memos, overpayments and

unapplied credits appear as negative open balances, e.g. (500.00).

The traps

The aging clock has two documented origins, days past the due date, or days from the transaction date, set by a report preference; a reader who assumes due-date aging misreads every bucket by the payment-terms window when the file was aged by transaction date.

In the Format LibraryGet the Format Library

Reference: Intuit QuickBooks Online Help, "Accounts receivable aging" reports · QuickBooks Desktop "Age from due date / transaction date" report preference (reference only)