April Feature

Aged Balances Report - 90 Days Past Due option (The 90 Day Exception Report)

The Aged Balances report can be run on demand, and is a summary of all accounts in your debtor portfolio that meet the report selection criteria (e.g. 90 days+, or 120 days+ past due).

The debtors selected will be based on the TOTAL PAST DUE value for the entire CRISworks data population, not necessarily just accounts that are past due for your debtor portfolio.

As an example, if an account is current with your organisation, but 100 days past due with another data supplier to the CRISworks system, then the account will be reported on the Aged Balances reports.

This serves as an early warning to your organisation that an account has the potential to “go bad” and, therefore, should be watched.