Aging report: definition, example, and why it matters
Standard buckets: current, 1–30 days, 31–60, 61–90, 90+. Helps a business prioritize collections and spot accounts heading for write-off.
- Short definition. A summary of unpaid invoices grouped by how overdue they are.
- Category. Aging report is a invoicing term used by service businesses when billing customers.
- How Glo Invoice handles it. Glo Invoice builds aging report into the invoice itself, so you don't track it on paper or in a spreadsheet.
Frequently asked questions
What does aging report mean?
Standard buckets: current, 1–30 days, 31–60, 61–90, 90+. Helps a business prioritize collections and spot accounts heading for write-off.