AR Accounts Receivables Aging

TodayPayments.com is the trusted payment automation platform for businesses ready to upgrade how they manage Accounts Receivable Aging. We specialize in digital invoicing solutions, SMS and email notifications, and seamless batch processing with ISO 20022 compliance. Whether you're a merchant, bookkeeper, or finance team, we empower you with free, ready-to-use templates and tools to simplify invoicing, reduce payment lag, and reconcile faster. At TodayPayments.com, your overdue invoices don’t stand a chance.

 

AR Aging Made Easy with Digital Invoicing & Messaging

Mobile Request for Payment

Managing overdue invoices and improving cash flow visibility is critical for any business. Traditional methods of tracking Accounts Receivable (AR) Aging often involve time-consuming manual work and fragmented communication. But with the rise of digital invoicing, SMS notifications, and batch uploads using ISO 20022 messaging, businesses can streamline the entire AR lifecycle. From the moment an invoice is sent to the moment it's reconciled with the bank, TodayPayments.com empowers payees to take control using automated workflows, smart templates, and rich data formats—completely free.


Accounts Receivable Aging (AR Aging) helps businesses monitor outstanding invoices by age brackets (e.g., 15, 30, 60, 90+ days). By combining AR tracking with modern digital invoicing tools, you can now:

  • Send invoices through SMS, email, or text
  • Automate reminders and follow-ups to reduce DSO (Days Sales Outstanding)
  • Maintain consistent communication from Payee to Payer
  • Include invoice aging data directly in your message for clarity and urgency

No more guessing who owes what and when. AR Aging + Digital Invoicing gives you real-time financial control with less friction.

 

Batch Uploads & Reporting with ISO 20022 Rich Data

Batch payment processing doesn’t have to be a headache. TodayPayments.com simplifies bulk invoicing and reconciliation with full support for ISO 20022 data messaging. Key features include:

  • Batch Uploads: Instantly send multiple invoices using XML, Excel, or JSON
  • Downloadable Reports: Retrieve batch results, aging reports, and payer responses
  • Data-Rich Messaging: Include due dates, invoice numbers, payer IDs, and itemized amounts
  • Compliance-Ready: Format your files to meet global banking and credit union standards

With structured messaging, reconciliation becomes faster, and reporting becomes actionable.


Free AR Aging Worksheets & Reconciliation Templates

 FREE Real-Time Payments Bank Reconciliation%
"FREE" RfP Aging & Real-Time Payments Bank Reconciliation – with all merchants process with us. Real-Time Payments Bank Reconciliation

Why start from scratch? TodayPayments.com provides free, downloadable templates to give your business a head start:

  • Accounts Receivable Aging Worksheets – Track overdue payments by date and amount
  • Bank Reconciliation Templates – Match payments to deposits and automate clearing
  • ISO 20022 Sample Files – Get plug-and-play file formats for uploads and testing

Our templates are designed for simplicity and scale—use them for internal reporting or to interface with your accounting software and payment platforms.

 

Managing Accounts Receivables (AR) aging involves tracking and reconciling payments received from invoices, FedNow, and RTP while ensuring accurate matching, merging, and clearing of transactions. Here's a step-by-step guide on how to handle AR aging using these processes:

1. Invoice Generation and Payment Recording:

  1. Invoice Generation:
    • Generate and send invoices to customers using your accounting software.
  1. Payment Recording:
    • Record payments received from various sources (invoices, FedNow, RTP) in your accounting system. Ensure accurate entry of payment details (amount, date, etc.).

2. Matching Invoices and Payments:

  1. Matching in QBO:
    • Use QuickBooks Online (QBO) features to match payments with corresponding invoices. QBO typically has a built-in matching process that uses criteria like invoice numbers, customer names, or amounts.
  1. Excel Matching:
    • If needed, use Excel's MATCH function to manually match payments with invoices based on common identifiers.

3. Merging Information:

  1. Data Collection:
    • Collect payment data from FedNow, RTP, and any other sources.
  1. Normalization:
    • Ensure that data from different sources is in a consistent format.
  1. Merging:
    • Merge data from FedNow, RTP, and other sources with your QBO data. Use Excel or other tools to align and combine information based on common identifiers.

4. Clearing Transactions:

  1. Reconciliation:
    • Regularly reconcile bank statements, QBO records, and external payment data to identify discrepancies.
  1. Clearing in QBO:
    • Use QBO's reconciliation feature to clear transactions, indicating that they've been verified against bank statements.

5. AR Aging Analysis:

  1. Aging Categories:
    • Set up aging categories such as "Current," "1-30 Days," "31-60 Days," etc., based on due dates.
  1. Calculate Days Overdue:
    • Calculate the days overdue for each invoice using the due date and current date in Excel.
  1. Categorize Aging:
    • Use formulas to categorize invoices into aging buckets based on the number of days overdue.

6. Automation and Tools:

  1. Automation in QBO:
    • Explore QBO's automation features, including rules and batch transactions, to streamline the matching and clearing processes.
  1. Integration with FedNow and RTP:
    • If possible, integrate QBO directly with FedNow and RTP for real-time updates and reduced manual intervention.

7. Regular Reconciliation and Documentation:

  1. Regular Reconciliation:
    • Conduct regular reconciliations to ensure accuracy between QBO, bank statements, and external payment sources.
  1. Documentation:
    • Maintain clear documentation of reconciliations, adjustments, and any discrepancies for audit purposes.

By following these steps, you can effectively manage AR aging using the processes of matching, merging, and clearing transactions when receiving funds from various sources. Always refer to the latest documentation and support resources provided by QBO for any specific features or updates related to reconciliation processes.

Don’t let overdue invoices drag your business down. With TodayPayments.com, you can easily send AR Aging notices via SMS, email, and text, manage batch uploads using ISO 20022 messaging, and reconcile your payments with free, professional-grade templates.

👉 Start managing receivables smarter, not harder.
🚀 Visit https://www.TodayPayments.com to claim your free AR Aging and reconciliation tools today!

 

How to AR Accounts Receivables Aging

Mobile Request for Payment Request for Payment, a new standard for digital invoicing facilitating real-time payments RTP ® and FedNow ® payments that are instant, final (irrevocable - "good funds") and secure.

ACH and both FedNow Instant and Real-Time Payments Request for Payment ISO 20022 XML Message Versions.
The versions that NACHA and The Clearing House Real-Time Payments system for the Response to the Request are pain.013 and pain.014 respectively. Predictability, that the U.S. Federal Reserve, via the FedNow ® Instant Payments, will also use Request for Payment. The ACH, RTP® and FedNow ® versions are "Credit Push Payments" instead of "Debit Pull.".

Reconcile invoices with our AR Accounts Receivables Aging Solutions


Activation Dynamic RfP Aging and Bank Reconciliation worksheets - only $49 annually

1. Worksheet Automatically Aging for Requests for Payments and Explanations

- Worksheet to determine "Reasons and Rejects Coding" readying for re-sent Payers.
- Use our solution yourself. Stop paying accountant's over $50 an hour. So EASY to USE.
- No "Color Cells to Match Transactions" (You're currently doing this. You won't coloring with our solution).
- One-Sheet for Aging Request for Payments (Merge, Match and Clear over 100,000 transactions in less than 5 minutes!)
- Batch deposits displaying Bank Statements are not used anymore. Real-time Payments are displayed "by transaction".
- Make sure your Bank displaying "Daily FedNow and Real-time Payments" reporting for "Funds Sent and Received". (These banks have Great Reporting.)

2. Bank Reconciliation with as Payee FedNow & Real-Time Payments for Accrual, Cash and Hybrid Basis and QBO - Undeposited Funds

Each day, thousands of businesses around the country are turning their transactions into profit with real-time payment solutions like ours.



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