Account Age

The age of an account is determined by the invoice date of the oldest open invoice.

The ageing periods are as follows:

  • 0 – 30 days.
  • 30 – 60 days.
  • 60 – 90 days.
  • 90 – 120 days.
  • 120+ days.

Each account with a balance owing will reflect its age on the accounts screen.

 

Tip: An age analysis report is a great way to manage these open invoices. (PL - Patient Liable and MAL- Medical Aid Liable