What is an Accounts Payable Aging Program?
This accounts payable aging program will allow you to enter the amounts that you owe to creditors so that you can keep a schedule of when the payment is due. Enter the amounts in the order the bill arrives so that you are not late on your payments. This program can also be used to keep track of revolving accounts such as utilities and rent.
Who can use an Accounts Payable Aging Program?
Small businesses will benefit from this template because they can easily see who they owe money to instead of waiting on a bill to come in the mail. A large company can utilize this template by keeping track of all the companies they owe and making the payments owed on time so that they do not pay a high interest fee.
Download: Accounts Payable Aging Form