New Feature - New Aged Trial Balance report

Posted on February 9, 2013

A new report has been created called the Tenant Aged Trial Balance  report.  This report can be found at the bottom of the list of Tenant reports.  You will need to scroll down to see it.

This report is designed to standard Aged Trial Balance conventions.  It prints outstanding balances grouped into current, 1 month, 2 months and 3 months+ groupings.

This report works best for people who have tenants who are charged rent monthly.  For people who are charged rent weekly or fortnightly etc, the rent due is based on the first day of the rent period.  This means some months they might get 5 weeks rent charged and others might only be 4.

This report only prints people with balances owing.  People who are up to date are excluded.  It also prints totals for current, 1, 2 and 3 months.

This report can be useful for analysting how old your outstanding balances are.  If you have a lot of balances 2 or 3 months or more overdue then there is cause for concern for the business.