All cases
Choose collection priorities at a medical supplier
Read a receivables ageing schedule · Fictional case
The situation
Receivables total ₹80 lakh: ₹50 lakh current, ₹18 lakh 1–60 days overdue and ₹12 lakh over 60 days. One disputed invoice accounts for ₹8 lakh of the oldest bucket.
Your task
Quantify the late balance and decide where to start.
Reveal step-by-step solution
Set up the problem
Total overdue is ₹18 + ₹12 = ₹30 lakh. Over 60 days represents ₹12 ÷ ₹80 = 15% of the book.
Work through the numbers
The disputed invoice is ₹8 ÷ ₹12 ≈ 67% of the oldest bucket.
Interpret the result
Assign the dispute to an owner and review the other ₹4 lakh of old balances separately. Check whether due dates and credits are accurate.
What to remember
Age balances from the contractual due date and check concentration within each bucket.