fbpx

What’s Your DSO?

by | Aug 4, 2016 | Accounting, Bookkeeping Tips

If you grant credit to customers, then you have a balance in accounts receivable. DSO stands for Days Sales Outstanding, and this helps you measure how fast your receivables are being converted to cash. Here’s how to calculate it: DSO = Accounts receivable balance /...

Five Ways to Streamline Data Entry

by | Jan 22, 2015 | Bookkeeping Tips, Profitability Tips

Are you manually entering data into your accounting system? If so, there may be a way to enter that data that’s faster, cheaper, and better. Data entry automation has come a long way. Here are five common ways to automate data entry so that it no longer has to be...