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Analysing ageing periods can help you monitor your receivables and payables, including tracking due dates for invoices and overdue payments.
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Ageing by invoice date using month names
Assume you age invoices monthly and identify your ageing periods by month names. If you age these invoices by invoice date using any date in July 2010, the invoices will be aged as follows.
Ageing by invoice date using month numbers
Ageing by month name using invoice terms
Ageing by month number using invoice terms

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