
Day sales outstanding (DSO) is the term used to measure how much time it takes for a business to get paid for a product or service. The goal of a business is to keep the DSO as low as possible. The longer it takes a company to get its invoices paid, the greater the likelihood for a company to incur a cash flow problem. Days sales in receivables are the same thing as DSO.
While non-profit organizations are not concerned about showing a profit for investors, these entities still must report.
Job costing is an often overlooked yet important component of business, especially for small to medium-sized companies..
On June 22, 2021, we had the pleasure of hosting a NetSuite-based webinar with our friends at goVirtualOffice. Our.
Most people understand that financial controllers play important roles in businesses and organizations of all different.
The treasurer of a non-profit reports the organization's finances and handles the management of the organization's.
Calculating your company's start-up burn rate is fairly straightforward. Your burn rate tells you the amount of cash.