Ageing of Debtors and Creditors: Overview
📌 TL;DR - Ageing of Debtors / Creditors Certificate Services at a Glance
An ageing of debtors and creditors certificate is a CA-certified schedule that groups your outstanding receivables and payables into age buckets, typically 0-30, 31-60, 61-90 and 90+ days. It shows how quickly you collect and how promptly you pay, which is why private equity and strategic acquirers rely on it in due diligence and lenders use it to assess working capital.
| Parameter | Detail |
|---|---|
| What It Shows | Receivables and payables grouped by age |
| Buckets | 0-30, 31-60, 61-90 and 90+ days |
| Debtors | Amounts owed to you by customers |
| Creditors | Amounts you owe to suppliers |
| Used For | Due diligence, lender and bank assessment, internal control |
| Cost | Starting from Rs 2,499 (Exl GST and Govt. Charges) |
| Mandatory Field | 18-digit UDIN, verifiable at udin.icai.org |
An ageing of debtors and creditors certificate presents your outstanding receivables and payables grouped by how long they have been outstanding. Debtors are amounts customers owe you; creditors are amounts you owe suppliers. Bucketing them by age, commonly 0-30, 31-60, 61-90 and 90+ days, reveals collection speed, payment discipline and the proportion of doubtful debts.
Investors and acquirers use it in financial due diligence, and lenders use it to assess working capital. Patron Accounting LLP certifies it with a UDIN.
Content is reviewed quarterly for accuracy.