Use these fields to create an aging control record.
1. Age On Due/Invoice Date
Specify whether aging is based on the Due date or Invoice date. Press Enter to initially default to D.
2. Credits - Off Old/Aged/Current
Specify whether credit memos are to be subtracted from the Oldest invoice, to be Aged just like invoices, or to be treated as Current when printing the Aged Trial Balance and statement forms. Press Enter to initially default to O.
3. Default Credit Check Days
Specify the default maximum days past the aging date (as set in the Age on Due/Invoice Datefield) before the credit check fails. Specify 999 to default to ‘None’. The system uses this value as the default when new customer records are created, either through the file maintenance programs or when converting a TeleFACTS prospect to a customer.
4. Number Of Aging Columns
Specify the number of aging columns (1-5). Press Enter to initially default to 5.
5. Days Past Date, Break 1 Through Break 5
Specify the maximum number of days past due or invoice date (whichever was entered in field #1 ) a document must be to fall into each aging column. Press Enter to initially default to 0 for break 1, 30 for break 2, 60 for break 3, 90 for break 4, and 999 for break 5.
6. Column Heading Break 1 Through Break 5
Specify the column heading for each break to appear on the Aged Trial Balance (up to 11 characters). These break headings should correspond with the number of days past date breaks (fields #5-9). Press Enter to initially default to current for break 1, 30 for break 2, 31-60 for break 3, 61-90 for break 4, over 90 for break 5.
An example of the days past date and column heading is if the first column heading is current, then it is based on due date; if it is zero days past the due date, then it is a current document. If the maximum days past date is 30, then it would fall in the column of 0-30 days past due, etc.