PS Help: Practice Manager
Page tree

You are viewing an old version of this page. View the current version.

Compare with Current View Page History

Version 1 Current »

https://help.myob.com/wiki/x/1DGEAQ

 

 


 

 

Close

How satisfied are you with our online help?*

Just these help pages, not phone support or the product itself

0
1
2
3
4
5
Very dissatisfied
Very satisfied

Why did you give this rating?

Anything else you want to tell us about the help?

Aged debt bands

Practice Manager only

Aged Debt Bands (for MYOB AE, see Aged Debt Toolbox option) are used to classify overdue or outstanding invoices based on age.

Use the Maintenance > Maintenance Map (AO) > User defined > Aged Debt Bands page to set up the start and end days for the bands that aged debts fall within. This page must have six bands defined at all times. The defaults are defined when the system is installed.

To edit aged debt bands

  1. Select Maintenance > User defined > Aged Debt Bands on the main menu (AE) or Maintenance > Maintenance Map > User defined > Aged Debt Bands.


    2. The Aged Debt Bands page opens displaying a table that lists the bands in the first column and the start and end days for the bands in the second and third columns.

    The Band field is a display field and cannot be edited.

    Text in the Start Day column cannot be edited. To edit the Start Day of a band, you need to change the End Day of the previous band.

  2. Click a band’s End Day column to edit it, if required.


    3. The Start Day of the next band updates accordingly.

  3. Click OK.


To save the changes and close the Aged Debt Bands page.

To change aged debt bands to 14 days

The aged debt bands control both the WIP and debtors. You can decide to change the bands to display 14 day bands in your debtors statements and aged debtors. If you change the debt bands they must be changed back after running your aged debtors and debtor statements to the default 30 days.

  1. Select Maintenance > User defined > Aged Debt Bands on the main menu (AE) or Maintenance > Maintenance Map > User defined > Aged Debt Bands.


    2. The Aged Debt Bands page opens displaying a table that lists the bands in the first column and the start and end days for the bands in the second and third columns.

    The Band field is a display field and cannot be edited.

  2. Change the End Day of the first band to 14.


    3. This will, in turn, change your statements to display invoices that are up to 14 days old, including other overdue invoices.

    If you want the Aged Debtors Report to reflect a full 14 days of ageing, you must change all age debt bands to reflect this.

  3. Run your reports.

  4. Change the debtors bands back to 30 days.


This is the standard age debt band.

Related topics

(AE) Applications

(AE) Configuration

(AE) Aged Debt Toolbox option

Extra fields

Extra lists

Extra types

User defined

Update multiple external links
Related topics

Was this information helpful?

Yes
No

Why not?



That's no good. Try searching the help again. Or maybe the community forum can help answer your question.

Sorry to hear that. Maybe our community forum can help.

How would you improve this page?

Unfortunately, we won't be able to respond to your feedback. Please don’t enter any personal information—if you need urgent help, contact our support team instead.

Thanks for your feedback.

Thanks! Anything you'd like to add?

We’d love to know what worked so we can keep improving our help. Please don’t enter any personal information—if you need more help, get in touch with our support team.

  Overview

  Using Practice Manager

  Clients and contacts

  Employees

  Suppliers

  Assignments (AE)

 

  Timesheets, disbursements
and expenses

 

  Billing

  Debtors

 

 

  Bookkeeping

 

 

  Other topics

practiceSolutionsHelp
Accountants and Partners
Practice Manager
AE Practice Manager (AU)
AE Practice Manager (NZ)
AO Practice Manager (AU)
AO Practice Manager (NZ)
Australia
New Zealand

Copyright 2023 MYOB Technology Pty Ltd. All rights reserved. This help topic is provided as a guide only, in accordance with our Legal Disclaimer.
For specific taxation or accounting advice, please consult the relevant tax authority or regulator.