Debtors & Creditors Ageing Analysis in Tally
Ageing Analysis Report
Debtors/ Creditors Ageing-
Debtors/ Creditors ageing refers to the process of generate report of debtors/creditors age wise/bill wise. Ageing analysis of bills outstanding is done to identify the bills for which amount is due for a long period of time. These bills can be classified as bad debts or provisions can be created for such losses in the books of accounts depending on the results of ageing analysis
Path –
Display →Statement of A/c → Outstanding→ Receivables→ Sundry Debtors/Creditors→ Press F6
Note-
If in ledgers classified under the head of sundry debtors, maintain balance bill by bill feature is turn off then we can’t generate proper report of debtors.