Summary Aging by Major Report in CARRR

What does the summary Aging by Major report show?

The Summary Aging by Major report lists the dollar total of each major account by the age of the charges, total for each aging period for all accounts and percentage by aging period based on total aging.

This report is an effective tool to identify major account balances that need attention for collection. Collecting outstanding balances, especially those that have aged 90 days or older, is critical. Once balances reach this 90 day period, it becomes very difficult to receive payment from vendors and customers due to the prolonged time. Focus on researching, following up, and re-billing if necessary for amounts over 90 days old.

Use this report to:

• Analyze age of major account balances.
• To determine which major accounts are aged >365 days.
• To determine which major accounts need to be written off.
• To determine if a major account is tax exempt.

1. From the CARRR home page, select Reporting Summary Aging by Major.
   
2. Select current aging or a historical period and year of aging.

• To view your aging accounts as of today, select Current.
  
• To view a snapshot of your aging during a particular month, select Historical.
  Reminder: Our fiscal year starts in April, so when you select the period, 1 represents April; 2, May; 3, June, etc.
  
• To view your aging from a previous year, select the period and the year.
  

3. Select Display Report. View field definitions.

• Once you select Display Report, all accounts with balances that have aged from 0 - 365 days display.
  • If you want to see more details for a transaction on a particular account, select the linked Major ID.
    
  • After selecting the Major ID, select the + sign to display all of the aged transactions for that major account.
    

4. To print the report, select the Acrobat (PDF) file format. Tell me how...
   1. Create the report.

   2. With the report displayed, select the Acrobat (PDF) file format from the drop-down list.

   3. Select the Export link.
   4. Open.
   5. File Print.
   6. OK.
   7. Close the open window.

5. To export the report, select the export format and click Export.Tell me how...

1. Create the report.

2. With the report displayed, select the format from the drop-down list.

3. Select the Export link.

4. Open.

The file is opened in the window of the format you selected.

-or-

To save the file in the different format, Save.