Accounts Payable

AP Aging Report Template

Formal aging report of all outstanding accounts payable. Shows vendor balances and payment status for management and audit review.

How to use this template

1

Generate AP subledger

Extract all open vendor invoices from accounting system. Include vendor name, invoice number, invoice date, due date, and amount.

2

Calculate days outstanding

For each invoice, calculate number of days from due date to period-end date. Classify as current, 1-30, 31-60, 61-90, or 90+ days.

3

Prepare aging summary

Create summary table showing total AP by aging category. Calculate percentage of total in each bucket. Compare to prior period.

4

Add vendor detail

Include list of top vendors by payable balance. Note any vendors with unusually old invoices or large pending amounts.

5

Review and communicate

Review report with accounting leadership. Discuss plan for paying down aged items and resolving any disputed invoices.

Why use this template

  • Provides management visibility into AP obligations and timing
  • Helps optimize cash flow by planning payment schedule
  • Identifies vendors to contact regarding overdue or disputed invoices
  • Supports audit assertions about AP completeness and accuracy

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