AR Aging Report

Definition

A financial report that categorizes all outstanding invoices by how long they have been unpaid, typically sorted into buckets such as current, 1–30 days, 31–60 days, 61–90 days, and 90+ days past due. For CPA firms, it serves as a diagnostic tool to identify slow-paying clients and prioritize collections efforts. Running this report regularly helps firms spot cash flow gaps before they become serious problems.