Ageing Report vs Ageing History Report
What is the main difference when generating the Ageing vs Ageing History report ?
- The Ageing report displays the exact figures based on user allocations.
- The Ageing History Report allocates entries based on the oldest entry first, rather than client allocations.
For example, when generating the two reports up to 19/11/2024, the system produces different results.
Calculation of Reports:
Client Ageing List:
Within 0-29 days, there is an aged amount of €4.72.
The system calculates this by summing the balances of the invoices, resulting in a pending amount of €4.72 as of the report date (19/11/2024).
Client Ageing History:
Within 0-29 days, there is an aged entry of (-€5.28)
The system calculates this report by considering the transaction amounts and ignoring the allocated entries.
Purpose of the Ageing History report:
This report is used when a backdated ageing history report is required. The system does not allow the generation of an Ageing Report if there is a recent / Payment posted after the report date.
Note: we always recommend using the Ageing report for an accurate balance.
Related Articles
How can I print a Purchase Ageing Report up to a given date?
A user can print a purchases ageing report across different financial years. The report is called Ageing History, and it is found in the Reporting list under the Sales and Purchases Ledgers When this report is chosen, the user is given the print ...How can I print a Sales Ageing Report up to a given date?
A user can print a Sales Ageing Report across different financial years. The report is called an Ageing History, and it is found in the Reporting list under the Sales and Purchases Ledgers. When this report is chosen, the user is given the print ...Does the Aged Report in SIMS gives the same values of the Valuation Report?
SIMS provides for the printing of an aged report from the Reports Menu, Stock Items, Aged Stock List. The aged report is based on the Last Purchase Date field available on each stock card. The options available are the following: Option to Group the ...How to print a Trial Balance Report in SFM
To create a Trial Balance report in SFM: Go to Current Year or Previous Year > Nominal > Chart of Accounts Reports > Trial Balance Reports, and click on the report type required. Once you have chosen your desired report type, a printer window will ...How to print a Management Profit and Loss Report
To create a Management Profit and Loss report in SFM: Go to Current Year or Previous Year > Nominal > Chart of Accounts Reports > Management Reports, and click on the report type required. Once you have chosen your report type, a printer window will ...
Recent Articles
How to Reverse a Sales/Purchases Transaction in SFM
Reversing Entries in SFM Once users confirm an entry in SFM, they cannot modify any of its elements. The only available option is to reverse the entire transaction and re-post it with the correct values. The system supports both simple reversals and ...Setting Up BOV SEPA v9
Before proceeding, please ensure you are using the latest version of SFM. Starting October 5th, 2025, Bank of Valletta (BOV) will begin processing live transactions using the new SEPA file format (version 9). The older version 3 format will no longer ...How do I process a Nominal Reconciliation?
Procedure for Reconciling a Nominal Account (Current Year > Nominal > Nominal Reconciliation) Account Field: Select the relevant Nominal Account from the drop-down menu that you wish to reconcile. Details Field: Enter any necessary free text in the ...How to Update SFS
For optimal results, update SFS directly from the server. Important notes before updating: - All Users: Log out of SFS, SIMS and SFM (if applicable). - Remote Desktop Users: Log out of SFS, SIMS and SFM before disconnecting from the remote session. ...How to Add Custom Footers per Client basis
If you want to apply the same footer across all your invoices or the same footer across all your statements, please refer to this article: How to insert document footers in SFM If you need to use different footers for specific clients, SFM also ...
Popular Articles
How do I process an End Of Year in SFM?
Overview SFM allows posting into two financial years simultaneously. This means that users do not need to finalise 2024 before starting to post entries into 2025. The end of year procedure will move the “Current Year” data into the "Previous Year". ...Do I need to Process an End-of-Year in SIMS?
SIMS does not require an end of year procedures to be run. However, SIMS controls users to only allow posting of transactions, such as sales invoices, cash sales, adjustments and purchases, within a range of dates referred to as the Posting Period. ...How to setup a System Control Account in SFM? (Bank Account, Cash Account, Stock Control, etc...)
Create the Account in your Chart of Accounts as seen below. Please make sure you use the code depending on your Heading and Sub-Heading digits. After creating the account, you need to specify the account as a System Control Account. Go to Support > ...How to reset your Shireburn remote desktop service (RDS) account password
The password for the Shireburn RDS Account used to connect to RDS server is set to expire after 90 days. A notification is provided to the user daily starting 5 days prior to the expiry date. In order to change password, the following steps need to ...How to run the SIMS Archive process
The SIMS Archive function reduces the size of the data store in Live by splitting the same data set in a different database, within the same company. This process improves the SIMS performance as it compacts the Live data set. Users can then access ...