Reconciliation

Accounts Receivable Aging Schedule Template

Analyze outstanding customer invoices by age. Identify overdue accounts and estimate allowance for doubtful accounts.

How to use this template

1

Extract open invoices

Pull all open customer invoices from AR subledger. Include invoice date, amount, customer name, and invoice number.

2

Age invoices by days outstanding

Categorize each invoice: current, 1-30 days late, 31-60 days late, 61-90 days late, 90+ days late. Calculate days outstanding from invoice date.

3

Calculate aging totals

Sum total receivables in each aging bucket. Calculate percentage of total that falls in each category.

4

Identify problem accounts

Highlight customers with large overdue balances or invoices aged 90+ days. Note whether customer is disputing, on payment plan, or in collections.

5

Estimate and record allowance

Apply historical bad debt percentage or specific analysis to determine allowance for doubtful accounts. Record or adjust provision.

Why use this template

  • Provides early warning of collection issues
  • Supports accurate accounts receivable valuation
  • Identifies which customers to focus collection efforts on
  • Helps forecast cash flow based on collection timing

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