aging report

Definition

A document that categorizes accounts receivable by how long invoices have been outstanding, essentially a report card showing which customers are ghosting you. The longer the aging period, the less likely you'll ever see that money.

Example Usage

According to the aging report, three clients haven't paid in over 90 days—time to send the 'friendly reminder' that's anything but friendly.

Origin

Accounting terminology from early 20th century bookkeeping practices

Fun Fact

Aging reports are typically broken into 30-day buckets (0-30, 31-60, 61-90, 90+), like wine vintages but significantly less pleasant.

Source: Common accounting practice terminology

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