Invoices Over 60 Days
Hindsight will check the aged receivables each day for your clients and let you know of any older invoices. Those that are over 60 days from the invoice date. We are not looking at overdue invoices with this alert just invoices that are over 60 days. If you would like more control about what invoices are being displayed for clients you may consider upgrading to the paid plan where you can control this in more detail such as invoices that are overdue or due in x days, the priority of the alert, who it is assigned to, Xero hotlinks and the ability to download the transactions for sending to the client.
Hindsight will display a description of the alert. In the example above we can see that for this client we have 11 bills over 60 days which totals £701. If these invoices were all paid we would have £2,142 in the bank so we do need these funds. The client usually pays the bills in 8 days (possibly most invoices are settled by card or Direct Debit) but not these 11. Have they been forgotten, are they duplicates or is there a query outstanding that needs resolving. We can also see that in this instance the whole of the aged payables ledger is overdue as the progress bar is at 100%. The client has no other invoices outstanding.
Once we have liaised with the client and made them aware of the situation we can take any corrective action that may be required. After we have dealt with the 11 items we can click the complete button to let Hindsight know the alert has been dealt with.