Invoice aging

CRM Invoice aging section provides reports with information about invoice payments due within specified time periods. It is a primary tool for sales teams and management to keep abreast about which invoices are overdue for payment. So it’s crucial for you and your managers to know what amounts of money and when you are going to receive.

Probably, is seems like there are too many columns over there. But those columns after In Term columns only display the terms of how much payments are overdue. So, the columns which you may observe here, are:

  • Invoice name
  • Invoice date: a date when an invoice has been created
  • Assigned: which agent is in charge of the invoice
  • Customer: the name of a client
  • Project: the name of the invoice

You aren’t able to do any amendments here. All the information here is gathered from the CRM Payments and Invoices sections. We update it automatically, so you don’t have to bother with it. You can not create, delete or change nothing in here.

Invoice aging terms

Now it is time to mention the rest of those columns. These columns display invoices which come to overdue (or don’t). We broke them to six columns, for your convenience:

  • In term – invoices paid within terms
  • 0-15: invoices that are 1 to 15 days past due
  • 15-30: invoices that are 15 to 30 days past due
  • 30-60: invoices that are 30 to 60 days past due
  • 60-90: invoices that are 60 to 90 days past due
  • >90: invoices that are more than 90 days past due

EasyERP: CRM invoice aging

 

By default, we have displayed invoices in chronological order, starting with the most recent ones. But you can also sort the list according to your own will. All you have to do is to press on the name of any column (except Terms columns). After it is done, the list will sort in ascending or descending order, according to the column you have chosen.