ADVANCE FROM CUSTOMER AGING

This discussion addresses how to accurately reflect an outstanding customer advance of Rs. 10,000 in an aging report dated 31.05.21. The query seeks clarification on whether to include invoice numbers and amounts, or receipt numbers and amounts, to reconcile the initial Rs. 50,000 advance against a Rs. 40,000 bill. The goal is to ensure the remaining balance is clearly presented in the age-wise report.