Free debtor ageing check for audit season

Old Debtors? Know the Audit Risk Before Your Auditor Asks.

Every outstanding invoice on your books gets categorized by age, and the older it is, the more questions it raises. See exactly where you stand, and what your options actually are.

Debtor Ageing & Audit-Risk Calculator

Enter your top overdue accounts. The risk updates live.

Total Outstanding₹3,00,000

Debtor / CustomerOutstanding AmountInvoice DateBucketAction

Debtor / CustomerOutstanding AmountInvoice Date

<6 months

Debtor / CustomerOutstanding AmountInvoice Date

6m-1y

Not yet due / Less than 6 months₹3,00,000100% of total

6 months - 1 year₹00% of total

1 - 2 years₹00% of total

2 - 3 years₹00% of total

More than 3 years₹00% of total

Receivables Your Auditor Will Likely Question₹00% of total receivables are older than 1 year

Audit ReadinessLow RiskMinimal audit queries expected

III

Schedule III disclosure view

Companies disclose trade receivables in these ageing categories. When older buckets carry large balances, auditors typically expect a clear management explanation.

This tool provides an indicative ageing analysis based on the Schedule III (Division II) trade receivables disclosure categories. It does not constitute an audit opinion, tax advice, or a formal provisioning recommendation.

What are your options?

Recover, provide, or write off. Each has a different impact.

Recover It

The cleanest option. If recovered before your books close, the balance disappears from the ageing report entirely. No provisioning, no write-off, no questions.

Provide for It (Doubtful Debt)

You set aside a provision against the debt. This hits your P&L this year but keeps the option to recover later. It does not reduce your tax liability directly.

Write It Off (Bad Debt)

To be tax-deductible under Section 36(1)(vii), the debt must be actually written off in your books and must relate to income already accounted for. Writing off the debt does not recover the GST you already paid to the government.

Most businesses only consider write-off because recovery feels too difficult or too late. Often, it isn't.