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The rule states that when a customer has more than 10% of their total balance aged over 90 days, the remaining balance is also deducted as ineligible. While 10% is the most common cross-age percentage, lenders will sometimes increase the amount to 15% or 20%.

The aging of accounts receivable is the process of listing your unpaid invoices and other receivables by their due dates. This is done to estimate which invoices are overdue for payments. The report is broken up by intervals of 0-30 Days, 31-60 Days, 61-90 Days, and 90+ Days.

A banking rule that defines the precautionary situation in which a customer gets tainted by cross-aged balances- i.e., his/ her loan balance is subjected to a deduction when a specific percentage of the total balance has been aged over 90 days.

The aged receivables report is a table that provides details of specific receivables based on age. The specific receivables are aggregated at the bottom of the table to display the total receivables of a company, based on the number of days the invoice is past due.

Generally, the cross age limit is set to 25 to 33 percent after 90 days. Allied Financial Corporation uses the 33 percent / 90 days equation. This means if more than 33% of the account is over 90 days old, then the account is cross aged.

Aging involves categorizing a company's unpaid customer invoices and credit memos by date ranges. Schedules can be customized over various time frames, although typically these reports list invoices in 30-day groups, such as 30 days, 31?60 days, and 61?90 days past the due date.

Cross-Aged A/R ? Cross-aging accounts receivable is a way of identifying delinquent accounts. Once a certain percentage (often 25%) of receivables for a customer account is overdue, then the entire account is considered equally overdue or ?cross-aged.?