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Invoice-Based Receivable with Aging

Gain Clear Visibility into Overdue Payments and Improve Cash Flow Management
Managing outstanding customer invoices is crucial for maintaining healthy cash flow and minimizing bad debts. PrismERP’s Invoice-Based Receivable with Aging feature helps you monitor customer invoices, track outstanding amounts, and categorize dues based on aging periods—giving you a precise view of what’s owed, when, and by whom.

What is Invoice-Based Receivable with Aging?​

This feature tracks every customer invoice and organizes outstanding receivables by their aging periods—such as current, 30 days overdue, 60 days overdue, and beyond. It highlights which invoices are overdue and by how long, enabling proactive follow-up and better credit control.

Key Features of Invoice-Based Receivable with Aging​

  • Detailed Invoice Tracking: Monitor each invoice’s status, payment history, and outstanding balance.

  • Aging Buckets: Automatically classify receivables into aging categories (e.g., 0-30 days, 31-60 days, 61+ days).

  • Real-Time Updates: View up-to-date aging reports reflecting payments, adjustments, and credits.

  • Customer-wise Aging Summary: See outstanding amounts broken down by individual customers for targeted collections.

  • Customizable Aging Periods: Define aging buckets based on your business policy or industry standards.

  • Alerts & Notifications: Set reminders for overdue invoices to improve timely collections.

  • Integrated with Billing & Payment: Syncs with invoices and payment modules for accurate balance calculations.

  • Exportable Reports: Generate detailed aging reports for finance teams, management, and auditors.

Seamless Integration within PrismERP​

This feature integrates fully with:

  • Sales and Billing

  • Payment Collection

  • Credit Management

  • Financial Reporting

All modules work together to provide a holistic view of your accounts receivable status.

Stay on Top of Your Receivables and Optimize Cash Flow​

With PrismERP’s Invoice-Based Receivable with Aging, you get the tools you need to track outstanding invoices effectively, minimize overdue payments, and keep your business financially healthy.
Request a Demo to learn how PrismERP can transform your receivables management.