DSO in F03B16
I have been asked to verify the DSO number in F03B16.
On page 486 of the A/R manual, it describes the 3 different methods.
The Current Balance Divided by Sales is calculated as follows: DSO = (current A/R balance à number of days inn periods) ÷ Total invoiced over n number of periods
What does à mean?
There is a table with sample data on page 486 of the A/R manual.
Where does the sales amount and period end balance come from?
Period | Sales Amount | Period End Balance | Period Days |
January | 7570 | 10825 | 31 |