Aged Debtor Analysis

CathG
CathG Registered Posts: 145 Dedicated contributor 🦉
Ok... here's an easy question for a Sunday afternoon...

does an aged debtor analysis use the gross or net invoice values (re. VAT)?

Looking at the figures I have, I think it's net of VAT, but before I carry on with the calculation I thought I'd better check with you guys.

Thanks

Comments

  • Peter W
    Peter W Registered Posts: 22 New contributor 🐸
    It's gross.
  • CathG
    CathG Registered Posts: 145 Dedicated contributor 🦉
    Thanks Peter. I did the calculation Gross in the end. The thing that confused me was figures from the previous month's aged debtors report were all rounded - very similar to the net value of the product being sold. I suppose Osborne do this to make us think!

    Thanks again for your post.
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