what is the Ageing analysis?what is the purpose?
Answers were Sorted based on User's Feedback
hi frds
Aging analysis is the analysis which is used to calculate
the average number of days taken by the company to collect
payments from the customers.
The aging analysis is used to find out liquidity. According
to the liquidity performance the company will take further
actions for performing better.
if any wrong give me a feed back
thanking you
venkat
venkatanarayana.k@rediffmail.com
+91-9871905974
| Is This Answer Correct ? | 109 Yes | 14 No |
Answer / 00923334613367
Accounts Receivable Aging Report is a report showing how
long invoices from each customer have been outstanding.
Accounts Receivable Aging Report is an analysis of accounts
receivables broken down into categories by length of time
outstanding
Read more:
http://wiki.answers.com/Q/What_is_an_aging_report#ixzz1RSYMb
T2o
| Is This Answer Correct ? | 25 Yes | 6 No |
Answer / awadhesh kumar
Aging analysis is the analysis which is used to calculate
the average number of days taken by the company to collect
payments from the customers.
The aging analysis is used to find out liquidity. According
to the liquidity performance the company will take further
actions for performing better.
| Is This Answer Correct ? | 22 Yes | 4 No |
Answer / rahul prasad
in accounting point of view, aging analysis is a analysis
of avg no of days take to company collect their book debt from their customer.
purpose/object of aging analysis
. To creditors
. To investors
.to bankers
.to find liquidity
This analysis is very useful to above stated three partys such as creditors,investors,bankers because this analysis give power of a firm to collect their liquid funds
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / owiny
ageing analysis is used by companies to know the remaining number of days in meeting its accounts payable as well as receivables .
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rahul prasad
In accounting point of view, aging analysis is a analysis
of avg no of day take to company collect their book debt from its customer
purpose/ object this analysis
.To find liquidity
.To focus investors
.to focus creditors
.to ,, bankers
purpose of this analysis not only focus liquidity but also it looking for above stated three partys such as investors,creditors,bankers etc because company get loan by bank,credit purchase from party so is it possible from company liquid fund/position.this position measure ability of a firm to collect their debt/receivable it find from this analysis. I think is it the basic reason for aging analysis.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / kumar shekhar
Ageing analysis is widely one important method to calculate the receiving a material are.kept on store and these are not using for long períod .
| Is This Answer Correct ? | 0 Yes | 3 No |
Answer / fasil.pk
ageing analysis is one which is used to analyse the credit period given to the customers for repayment of their debt.
| Is This Answer Correct ? | 8 Yes | 14 No |
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