Two QuickBooks Reports to Track Accounts Payable Aging

Understanding Reports in QuickBooks



Accounts Payable records outstanding bills due for the business. While the Accounts Receivable (A/R) reports indicate what amounts are due to the business, the Accounts Payable (A/P) reports indicate what amounts the business owes to vendors.

The A/P Aging Summary report lists the amounts owed to vendors from the current billing period and previous billing periods.

The A/P Aging Detail report lists each bill owed by billing period with the due date and amount due.

Use these reports to stay on top of your short term liabilities. It is advisable that you don’t fall back in your bill payments as it reflects poorly for future investors.

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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