An accounts payable aging report, also known as an A/P aging report, groups unpaid bills based on the number of days they are outstanding. Similar to an A/R aging report, there are five main groups: current, 1-30 days, 31-60 days, 61-90 days, and 91 days and over. QuickBooks calculates the age of a bill by using the bill date. To stay on top of bills, business owners should review this report on a weekly basis, and take the necessary steps to pay bills that are nearly due. For bills becoming due, you should send a reminder email to your customers a day or two before the bill is due. For past due bills, you need to send emails out as soon as possible, requesting payment.
Follow these steps to generate an A/P aging report:
- Navigate to Reports from the left menu bar, as indicated in the following screenshot:
- Scroll down to...