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Zoom on the aging balance

The aging balance is a fundamental tool to manage its debt collection.

Balance âgée The aging balance is an ancient tool used since the beginnings of accounting and debt collection, it is always essential to:

  • organize debt collection priorities

  • identify issues in accounts receivable management

  • manage performance in receivables management of a company or for a collector

  • prepare data for bad debts accounting process
Even the most sophisticated credit management softwares use it as a cornerstone for reporting and management tools. Debt recovery agencies, business process outsourcing professionnals, balance cleaning ... etc use a lot aging balance to evaluate the receivable data.

Want to know more? Read our article and download ou aging balance tool on Excel.

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