Aging of Receivables
  
You run Patty's Pies, a neighborhood pie shop that sells products created by local bakers. In your aging of receivables report, you notice that Jenny, your favorite supplier, is more than 90 days late on her bill. Thankfully, you give Jenny the heads up. After all, your aging of receivables report has shown you which suppliers are 30, 60, or 90 or more days late.