Monthly Archives: August 2016

5 Metrics to Gauge Your Business Performance

Posted on August 18, 2016 by Jay Mercer

Sometimes, the most telling numbers in your business are not necessarily on the monthly reports. Although the foundation of your finances revolves around the balance sheet and income statement, there are a few numbers that, when known and tracked, can … Continue reading →

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What’s Your DSO?

Posted on August 4, 2016 by Jay Mercer

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 … Continue reading →

Posted in Accounting, Bookkeeping Tips | Comments Off on What’s Your DSO?