no of days credit and outstanding days both are same in customer aging report ??

[hiriyappa_myageri]

hi....

i want know weather "no of days credit " and "outstanding days " are same in meaning or what ...?

if no means what is the difference?....

also i want logic for calculation of this no days credit

this very urgent please help me ...

thanks in advance ..

[Former Member]

Dear Hiriyappa

Extremely sorry for replying late...

Outstanding days means that when you receive the payment and how much time taken to receive it since the actual date of invoice, it will always come in days and total amount.

No of Days in Credit: Simply means what is relaxation time you have given to your customer.

and one more things Aging means the due amounts in  periods in a specified way. like 0 to 30, 31-60,61-90 etc days...

Thanking you!

Ashish Mishra