Aging
The Aging section defines the ranges used to determine which balances are outstanding. The periods defined here are used to generate the aging report, which helps you analyze AR subsidiary balances against the GL balances.
Database Location
Aging values are saved in the SUBSID_CTL table.
Field Name | Database Information |
|---|---|
Period | Values are saved in the following columns.
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Description | Values are saved in the following columns.
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How to Update Aging Settings
From the Finance Receivables Administration Hub options, select Subsidiary control. The Subsidiary Control Settings page opens.
Click the Edit button and then click the Aging link at the top of the page to navigate to that section.
Make updates to following fields as needed.
Period. These six fields determine the number of days included in the range for aging calculations. Most schools increase ranges in increments of 30 (e.g., 30, 60, 90, etc.)
Description. This field explains the range defined in the Period.
Click Save changes.