The DSO Calculation (Days Sales Outstanding)
DSO, Days Sales Outstanding Calculation as number to measure the efficiency of your collections. Example for AR Scenario.
Are you collecting your invoices effectively?
DSO alone does not accurately measure performance in credit and collection, 2 more indicators for accurately measuring performance are CEI and ADD
In the World of Accounts Receivable Best Practices
Best practices, AR improvement strategies, “credit to cash” cycle success, faster collections and more cost effective
|Autocash Lockbox Processing||Bank file formats BAI and EDI|
Autocash Lockbox Processing. Standard bank file formats BAI and BAI2, difference between EDI820 and EDI823