Accounts Receivable Aging
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.)
How to Accounts Receivable Aging
How Real-Time Payments Improve A/R Aging
Reports
With every real-time payment, your A/R balance
adjusts instantly, removing the delay between collection and reporting.
By integrating FedNow® and RTP® into your
receivables workflow, you eliminate the float period common with checks
and ACH. When a payer responds to an RfP, the funds are posted
instantly, and the status is reflected in your downloadable report. This
allows teams to see who has paid, who is overdue, and which payments are
pending—all within a single Excel or dashboard view.
You can also configure your payee dashboard to
generate alerts, automate recurring RfPs, and export batch payment
history with timestamps and reconciliation codes.
Request for Payment Tracking and
Reconciliation Tools
Every RfP processed through TodayPayments.com
includes built-in reconciliation data
You can upload ISO 20022-formatted files (XML or
HTML) through your secure dashboard, and immediately receive payment
confirmation records once your customers respond. These records are
downloadable in Excel format or can be exported into your existing
accounting or ERP software.
Dashboard features include:
- Import/export tools for payment file
management
- One-click access to Excel reports filtered by
date, payer, or MID
- Payment status (paid, pending, overdue)
- Hosted Payment Page links for each RfP
- Alias-based mapping of customer activity using
phone/email
- Daily, weekly, or monthly batch download
options
- Integration with QuickBooks® Online for
real-time sync
Reconcile in Real Time – For Free – at
TodayPayments.com
Why wait days for outdated AR reports?
✅ Track aging receivables in real time
with Excel spreadsheet downloads
✅ Confirm good funds
via FedNow® and RTP® instantly
✅
Use ISO 20022 files for structured Request for Payments
✅
Get free access to dashboards with uploading, downloading, and
reconciliation
✅ Serve multiple business units using
alias-based MIDs
✅ Eliminate float, manual entry, and
payment uncertainty
Start managing your Aging Accounts Receivable in
real time today at
https://www.TodayPayments.com
Free bank reconciliation,
Excel exports, and instant payment certainty—because your business
deserves better than waiting.
Aging Accounts Receivable Real-Time
Payments – FedNow® and RTP® Reconciliation Tools
Aging Accounts Receivable Real-Time
Payments gives businesses full visibility and control
over unpaid invoices and incoming funds by using instant
settlement rails like FedNow® and RTP®. Every
transaction processed through a Request for Payment
(RfP) is immediately reconciled in real time and
available to track, download, or audit—at no extra cost.
With access to free Excel
spreadsheet reports and live bank reconciliation
dashboards, clients can import, upload, and download
their entire A/R lifecycle directly through secure U.S.
financial dashboards.
Real-Time Visibility into
Outstanding Receivables
Traditional invoicing and AR aging
reports rely on batch settlement and slow ACH data. With
real-time payments, businesses can now track invoice
status the moment a customer makes a payment via FedNow®
or RTP®.
This instant visibility into paid vs.
unpaid receivables improves your working capital strategy,
eliminates guesswork, and supports just-in-time delivery or
credit decisions.
Key Benefits and Features for
Clients:
- Free Excel spreadsheet reports of
all RfP payment activity
- Real-time updates for aging
receivables and bank reconciliation
- Support for ISO 20022-based
uploads and RfP messaging
- Instant payment posting via
FedNow® and RTP®
- Alias-based tracking using mobile
or email identifiers
- No chargeback risk—confirmed good
funds only
- Reconciliation exports with
payment timestamps and transaction IDs
- No need for manual data entry or
paper reports
- Dashboard access for importing,
uploading, and downloading AR files
- Full compatibility with
QuickBooks® and ERP systems
- No bank visit or in-person
paperwork—fully online enrollment
Creating an Accounts Receivable
(AR) Aging report for FedNow and RTP (Real-Time Payments)
using Excel software involves setting up a dynamic
spreadsheet to track and manage outstanding receivables.
Here's a general guide on how you might achieve this:
1. Excel Template Setup:
1.
Headers:
·
Create column headers in Excel for
essential information such as Customer Name, Invoice
Number, Invoice Date, Due Date, Amount, Payment Status, and
any other relevant details.
2.
Data Entry:
·
Enter the details of each receivable
into the respective columns.
2. Status Tracking:
3.
Payment Status:
·
Include a "Payment Status" column to
track whether the invoice is outstanding, partially paid,
or fully paid.
3. Days Outstanding
Calculation:
4.
Days Outstanding Column:
·
Create a column to calculate the
number of days each invoice is overdue. Use a formula like:
excelCopy code
=IF([Due Date Cell] < TODAY(),
TODAY() - [Due Date Cell], 0)
4. Categorize Outstanding
Invoices:
5.
Age Categories:
·
Create aging categories (e.g.,
"Current," "1-30 Days," "31-60 Days," etc.) based on the
days overdue.
6.
Status Column:
·
Create a column to categorize the
status of each invoice, such as "Outstanding," "Partially
Paid," "Fully Paid," or "Void."
5. Analysis and Reporting:
7.
Total Outstanding Amount:
·
Create a formula to calculate the
total outstanding amount. Use the SUMIFS function to sum
amounts based on aging categories.
8.
Charts and Graphs:
·
Utilize charts or graphs to visually
represent the distribution of outstanding invoices.
6. Dynamic Features:
9.
Dynamic Filters (Optional):
·
Use Excel's dynamic filters or
tables to make the data interactive. This allows users to
filter and sort data dynamically.
10.
Conditional Formatting:
·
Apply conditional formatting to
highlight overdue invoices or specific status categories
for better visualization.
7. Integration (if
applicable):
11.
Integration with FedNow and RTP Data:
·
Explore integration options with
FedNow and RTP systems or any associated APIs for real-time
data updates. This may involve importing data directly into
Excel.
8. Regular Updates:
12.
Data Entry Updates:
·
Regularly update the Excel template
with new invoices, payments, or changes in payment status.
9. Automation (if
applicable):
13.
Automated Alerts (Optional):
·
Set up automated alerts or
notifications for specific conditions (e.g., overdue
invoices).
10. Documentation and Audit:
14.
Documentation:
·
Keep a record of transactions,
updates, and any adjustments made for audit and reference
purposes.
11. FedNow and RTP Specifics:
15.
Include FedNow and RTP Details:
·
Depending on the integration,
include columns for FedNow and RTP-specific details, such
as Transaction IDs, Sender's Name, and relevant
information.
Notes:
- The specific columns and
formulas may vary based on your unique requirements and
data structure.
- Regularly reconcile your
Excel template with the actual transaction data from
FedNow and RTP for accuracy.
Remember to always refer to the
latest documentation for FedNow, RTP, and any associated
systems for any specific features or updates related to
data integration.
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.".
Each day, thousands of businesses around the country are turning their transactions into profit with real-time payment solutions like ours.