Aging schedule falls under the purview of an organization’s working capital management.
It is a table that classifies the company’s accounts receivables/payables as per the collection or payment date in periods usually of one month duration.
It helps the company monitor their performance in terms of collections and payments.
Example:
|
Value |
% of Total |
0-30 days |
200 |
20 |
30-60 days |
700 |
70 |
60 and above |
100 |
10 |
Browse the definition and meaning of more terms similar to Aging Schedule. The Management Dictionary covers over 7000 business concepts from 6 categories.
Search & Explore : Management Dictionary
Quizzes!
Related Business Content
Top Companies Lists 2018