AP Average Days To Pay

The AP Average Days To Pay report calculates the average number of days a vendor bill remains in accounts payable before payment is made.   In addition the average number of days to pay, the total number of vendor bills included in the calculation and the total dollar amount of the invoices is reported.

By default, the report is prepared for the period from the first day of the current month through the current date for all bank accounts.  The Begin and End Dates may be changed to any other values and a specific bank account may be selected. 

The average days to pay for a single vendor type can be displayed by entering a single Vendor Type ID.  Wildcard characters can be used to select more than one vendor type.  An asterisk "*" matches the rest of the string.  Entering "OH*" will cause all vendor types beginning with "OH" to be displayed.  A question mark "?" replaces a single character.  Entering "O??O*" will cause every vendor type whose first character is an "O" and whose fourth character is an "O" to be listed.

Drilldown, or the ability to take a closer look at the original documents that generated the transactions is available.

See also Report Selection screen and Sample Report.