5.9. Quick Aged Trial Balance
This option will quickly display the sum total for 90,60,30, current and unallocated balances for all debtors. This will be displayed on screen.
Any amount that are displayed as unallocated are payments or credits that have yet to be allocated to invoices. If you wish to find out what they are you will need to run an Aged Trial Balance from the Debtors Reports Menu.
The unallocated amount shown is a total of payments that have yet to be allocated to invoices. To get a breakdown of this amount print an Aged Trial Balance to the screen and look down the unallocated column.
When the panic or glee subsides press [Enter] or [Esc] to return to the Debtors Control Menu.
Note : The average collection period is calculated by dividing total receivables by average daily credit sales.