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.
We often hear prospective clients come to us explaining they are in need of clean financials. Interestingly, this is.
Information technology innovations have brought sweeping changes to contemporary accounting practices. The.
There is an underlying stigma that management can tend to keep the accounting department separated from the.
Do you find it challenging to manage your bookkeeping staff so they deliver important financial statements on time?.