What is the difference between an aged creditor report aged by due date and aged by document document date?
If an invoice is aged by due date and is payable 30 days from date of issue and today is day 24 does this mean the invoice would be current or in bucket 1-30
Ageing buckets are:
Current 1-30, 31-60, 61-90, 90+
Does 1-30 mean 1 to 30 days past the due date? or 1-30 days old from date of issue?
Thanks in advance