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    babebutterfly's Avatar
    babebutterfly Posts: 2, Reputation: 1
    New Member

    Apr 30, 2006, 10:14 PM
    What is schedule of accounts receivable
    I'm doing a project and at the end of the month I was suppose to do a schedule of accounts receivable. I have almost no idea on how to approach it. Can anyone tell me what to do in a schedule of accounts receivable? I would appreciate some answers. Thank you.:rolleyes:
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member

    May 1, 2006, 01:05 AM
    "schedule of accounts receivable" is the same thing as Accounts Receivable Aging Schedule

    It lists all outstadning AR and how late or not late their outstanding balance is.

    See CCH Business Owner's Toolkit | Accounts Receivable Aging Schedule for an example
    specfor18z's Avatar
    specfor18z Posts: 3, Reputation: 1
    New Member

    Feb 24, 2007, 02:00 AM
    Even though it is the same as the aging table, I think I might be doing the same project, and all we have to do is list at the end of the month the totals from the accounts pay/rec ledgers and who owes. Schedule of accts. payable, is who you owe, and how much. That is all that is required for my project. Maybe youre is different, but the aging table was for uncollectibles and the schedules were for Payables/Receivable balance at the End of Month. Hope this helped:)
    Sordil's Avatar
    Sordil Posts: 3, Reputation: 1
    New Member

    Dec 11, 2011, 09:53 PM
    It is not the same as an aging, however you are correct, it is simply a listing of all the customer accounts and the total due from each customer. The total should agree to the general ledger balance of accounts receivable. This schedule is never used in real-life situations, only in school. In the business world, an accounts receivable aging would be used, in detail (showing each invoice, summarized by customer) or in summary (showing the total balance due from each customer and a breakdown or aging of that balance, typically in 30 day increments). The agings can be spread by invoice date or due date.

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