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)