Tag: DSO bookkeeping
-
Lots of credit sales and invoices? Use Days Sales Outstanding KPI!

We started talking about KPI’s in a previous post. One Key Performance Indicator that is crucial for any business that issues invoices is Days Sold Outstanding (DSO). This is a crucial report in bookkeeping for businesses with accounts receivable. Days Sold Outstanding shows you how quickly your business collects payments. A poor DSO indicates cash Read more
