Business Tools Downloadable checklists, model business plans, forms and other documents. Our small business online advice columnist. If the schedule indicates that you have some bills that are past due, you may be relying a little too heavily on your trade credit . It could also indicate that you aren't managing your cash flow the way a successful business should. An accounts payable aging report looks almost like an accounts receivable aging schedule .
Most businesses prepare an accounts payable aging schedule at the end of each month.
Column 1 lists the name of each your suppliers with an outstanding bill. Column 2 lists the total amount you owe to each of the suppliers. Column 3 is the current column. Listed in this column are the amounts you owe to your suppliers for purchases made during the current month. Amounts listed in this column aren't past due yet.