Accounts Receivable Aging

Reconcile invoices with our Accounts Receivable 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

How to Accounts Receivable Aging

Mobile Request for Payment 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.



Contact Us for Request for Payment payment processing

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Today Payments Merchant Services
2305 Historic Decatur Road, Suite 100
San Diego, CA 92106
(866) 927-7180