2 QuickBooks Accounts Receivable Aging Reports

Understanding Reports in QuickBooks

Keeping track of the money owed to you is important as it is where you may your money! In accounting, the money owed to your business is referred to as Accounts Receivable (A/R for short). Any open invoices are tracked as A/R until you receive the payment.

QuickBooks has two reports that break down what is owed to your business by each customer from each billing period.

The A/R Aging Summary report summarizes the status of unpaid invoices and statement charges. For each Customer who owes money, the report show what the Customer owes for the current billing period, unpaid amounts from previous billing periods, and subtotal balances for each job. If you have adapted QuickBooks for property management, this report will show the rents owed to you by tenant, unit, property, and property owner for each billing period.

The A/R Detail report lists all unpaid invoices and statement charges grouped by the aging period (billing period). Keep track of how overdue an invoice is. The report lists all of the transactions. Double-click to open a transaction.

Gita Faust

About the Author

Gita Faust has over 30 years of accounting experience in the real estate and property management industry, Gita Faust is more than just a real estate investor; she is also popular for her work as an accountant, consultant, mentor, speaker, QuickBooks Top ProAdvisor, QuickBooks Solution Provider, member of Intuit’s Trainer/Writer Network, and, of course, author. Gita is well-known for her exemplary leadership and advisory skills. In fact, she even helped pioneer the adaptation of QuickBooks to suit the needs of professionals in real estate and property management. To share her knowledge she has written a series of courses titled Simplified Accounting Solution, which provides step-by-step guidance for those working with QuickBooks.

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