why is accounts receivable aging important 
there are two main reasons to track accounts receivable aging first to track overdue or delinquent accounts so that the company can continue to decide what to do with old debts these may be sold to collections pursued in court or simply written off the second reason is so that the company can calculate the number of accounts for which it does not expect to receive payment using the allowance method the company uses these estimates to include expected losses in its financial statement 