Many Australian small and medium-sized enterprises (SMEs) have been there—you check your list of unpaid invoices and think, “I’ll wait another week.” It feels harmless. After all, it is just one invoice, and maybe the customer needs extra time. But this small pause can stretch into months, and with every…
Aged receivables are outstanding invoices that have remained unpaid beyond their original due date. These unpaid balances are typically grouped in aging brackets—30, 60, 90, or 120+ days past due—presented in an A/R aging report. While some level of aging is inevitable in any credit-based transaction, excessive aged receivables growth…