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An accounts receivable (AR) aging report tells how long an invoice has been due for payment. All the unpaid invoices, along with the complete customer details, will be listed out in aging reports, giving you a good overview of the actual health of your receivables and cash flow.

Accounts receivable aging is a periodic report that categorizes a company's accounts receivable according to the length of time an invoice has been outstanding. It is used as a gauge to determine the financial health and reliability of a company's customers.

Aging involves categorizing a company's unpaid customer invoices and credit memos by date ranges. Schedules can be customized over various time frames, although typically these reports list invoices in 30-day groups, such as 30 days, 31?60 days, and 61?90 days past the due date.

The standard categories for the aging report are: Current: Invoices that are due immediately. 0 ? 30 days: Invoices that are due within the next 30 days. 31 ? 60 days: Invoices that are a month ? 31 to 60 days ? past their due date.

If you're looking at how to start a medical billing and coding career path, you should know the two types of medical billing, which are professional billing and institutional billing.

Following are 6 of the most important medical billing reports that your practice should check frequently. The Accounts Receivable Aging Report.Payment Trend and Collection Reports.The Key Performance Indicators Report.The Insurance Analysis Report.Patient Payments.Clearinghouse Rejections.

The due date is in the future of the report date and the aging is based on the due date of a transaction. 1-30+ is anything past due by the number of days that passed after the due date.