Glossary · Credit Management
Aged Receivables
A report grouping money owed by customers into time bands, such as current, 30, 60 and 90 days, to highlight overdue debt.
Reading the report
An aged receivables report, or ageing, sorts every unpaid invoice into buckets by how long it has been outstanding. Typical bands are current, 1 to 30, 31 to 60, 61 to 90 and 90-plus days. The further right a balance sits, the higher the risk it becomes a bad debt.
Why it matters
Ageing is the single most useful tool in collections. It tells the credit controller who to chase first and signals when an account should move to formal recovery. Run it weekly and act on the oldest balances. Live ageing is available inside Merion invoicing.
Plain-English help
Confused by the jargon?
Our team explains your options in plain English — and recovers what you're owed, commission-only.