AP & AR Aging Monitoring

What I work on

I developed semi-automated AP & AR Aging to monitor outstanding balances and receivable/payable status while supporting reconciliation and transaction follow-up.

Workflow

1. Invoice / billing data
2. Due date
3. Aging calculation
4. Aging bucket
5. Outstanding balance
6. Payment / collection follow-up
7. Reconciliation

Logic & technical approach

• Invoice dates and due dates are used as the basis for classifying outstanding age.
• Balances are grouped into aging buckets so follow-up priorities are clearer.
• Outstanding data supports payment scheduling or collection monitoring.
• Balances are reconciled against transaction documents and system records.

Accounting controls

• Paid invoices should not remain in outstanding balances.
• Due dates must come from valid documents or payment terms.
• Vendor/customer balances must reconcile to accounting records.
• Long-outstanding items need a clear follow-up status.

Outcome / value

Structured aging improves AP/AR monitoring, clarifies follow-up priorities, and supports reconciliation.