Advanced Payables Aging Reports
Knowing what you owe debtors and where you may be able to extend payments is vital to managing cash on hand. Much like the AR Aging reports, the standard AP Aging reports typically do not have all the required fields, so SAP users extract those reports to Excel and manually manipulate the data into a suitable format. Again, custom reports created by IT often have inflexible aging buckets that may require additional IT changes.
The Wands for SAP Advanced Payables Aging reports allow you to determine outstanding invoices on a specific date, with daily, weekly, or monthly buckets. In a single interface, the data returned can be used to determine unpaid invoices by Vendor and report the number of days an invoice is overdue at a specific date in time.
The types of reports you can create include:
- Classical aging report with aging buckets as columns
- Listing of invoices not fully paid grouped and sorted by Vendor Name, Days Outstanding, Payment Terms, and other available attributes
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