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What are aging reports and how do they provide information pertaining to accuracy and information for...

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Accounting

What are aging reports and how do they provide informationpertaining to accuracy and information for that of sales? Whatother type of reporting helps a company keep up with their accountsand processes? When looking at the accounting system is it theability of the system to track the changes and invoices or theperson who is managing the system?

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Hey there Aging Report is a report that lists unpaid customer invoices These report which invoices are overdue for payment Aging report lists invoices in generally 30day buckets where the columns contain the following information However this duration may vary at different industries Invoices that    See Answer
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What are aging reports and how do they provide informationpertaining to accuracy and information for that of sales? Whatother type of reporting helps a company keep up with their accountsand processes? When looking at the accounting system is it theability of the system to track the changes and invoices or theperson who is managing the system?

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