ERP Term
"Aging"

The number of days between when the invoice was created and today. Can also be calculated between the day it is due and today.

The aging of an invoice is the number of days between when the invoice was created and today. This can also be calculated between the day the invoice is due and today. Aging is an important factor in Accounts Receivable management, as it can help to identify which invoices are overdue and need to be followed up on.

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Guide to PEPPOL e-Invoicing
PEPPOL is more than an e-invoicing standard: it is a way to streamline global trade. Its adoption enables companies, large and small, to navigate the complexities of international transactions with ease and efficiency.It offers multiple benefits, such as the automation of e-invoicing, which minimizes errors and increases productivity. Especially for large companies with significant transaction volumes, this can translate into significant cost and time savings.PEPPOL's universality also simplifies cross-border trade,...

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