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Definition

Aging Report

A report showing outstanding invoices categorized by how long they have been unpaid.

Definition

An AP aging report lists all unpaid invoices grouped by age buckets: current, 1-30 days past due, 31-60 days, 61-90 days, and 90+ days. It provides visibility into payment performance, helps prioritize payments, and identifies process bottlenecks or disputes.

Why It Matters

Aging reports reveal payment performance at a glance. A growing 90+ day bucket signals process problems, disputes, or cash flow issues that need attention before vendor relationships deteriorate.

Examples

Weekly aging review

AP manager reviews aging showing $50K current, $20K at 30 days, $8K at 60 days, and $2K at 90+ days. The 90+ items are investigated.

Vendor-specific aging

A key supplier shows $15,000 at 45 days past due. AP prioritizes resolving the hold for the next payment run.

How Nexus AP Helps

Nexus AP provides real-time aging visibility with drill-down to individual invoices, helping teams prioritize payments and resolve bottlenecks.

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Frequently Asked Questions

What aging buckets should I use?

Standard buckets are Current, 1-30, 31-60, 61-90, and 90+ days past due. Some organizations add a 120+ bucket for seriously delinquent items.

What does a healthy aging report look like?

Most balances in the Current and 1-30 day buckets. Minimal amounts in 60+ day buckets unless there are valid disputes.

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