Accounting · Odoo glossary

Accounts Receivable Aging

Accounts receivable aging groups outstanding customer balances by age or overdue period.

Definition

In general ERP practice

Accounts receivable aging groups outstanding customer balances by age or overdue period. It helps distinguish current receivables from balances requiring collection or impairment review.

In Odoo

Odoo’s Aged Receivable report provides the closest direct report, with detail on outstanding customer items. A historical report date and the invoice’s due date matter; aging is different from a prediction of whether the customer will pay.