See the profile of bills payable and invoices receivable.
The Outstanding Invoices & bills tile presents the aging profile of bills payable and invoices receivable, featuring the total balance for each.
Monitoring incomings and outgoings helps business owners approximate their business’ future cash position, prepare for cash flow fluctuations in advance, effectively manage working capital and, ultimately, keep cash flow healthy.
Understanding the average time taken to pay bills and knowing when you can expect to receive income are essential when managing cash flow. Monitoring the aging profile of bills and invoices encourages cash flow management and efficient cash conversion.