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Aging Reports

Inventory Aging Report
PROFITprofessional allows you to print an aging report of your inventory items. You can age your entire inventory, or spot check specific vendors, categories, or building. This information is helpful when trying to determine if a specific category of items or a specific vendor's items are sitting in the warehouse for an unacceptable length of time. You can also find it useful in developing periodic sale promotions before the items reach the permanent markdown schedule. 

Accounts Payable Aging Report
PROFITprofessional allows you to print a report of open payables -- that is, any invoices that have not yet been paid or any credits that are still outstanding. Among other information, the Open Payables report shows the age of open items as of a particular date that you specify. Items will be aged into the categories (such as 1 - 30 days old, 31 - 60 days old, 61 - 90 days old, and over 90 days old) that you set up.

Accounts Receivable Aging Report
PROFITprofessional allows you to print the Aging Report for your accounts receivable. This report shows -- for each customer in your specified range -- the total account balance and the account balance by aging period (such as 1 - 30 days old, 31 - 60 days old, 61 - 90 days old, and over 90 days old). A summary page at the end of the report gives totals for the entire report. Whether you offer in-store financing, layaways or simply take deposits on sales, this report gives you all of the information needed to make sure that no one slips thru the cracks and receives merchandise without paying for it, and in a timely manner.

 

 

 

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