The Debt Analysis window NOTE: This option is not available in Sage 50 Accounts Essentials.
The Debt Analysis window is split into three areas: - Days Sales Outstanding - This shows if your company is collecting its debts effectively. In the form of a graph, it shows how many days' worth of sales are outstanding and not paid for at any given time.
- Days Sales Overdue - This shows how well your customers are meeting their payment terms. You can use this information to see if your customers are good payers, or if you need to improve your debt collection processes.
- Details - This shows the number of days sales are outstanding and overdue for each customer, plus the amounts due. It also shows average values for all customers.
View your debt analysis information - On the navigation bar click Customers, then click Debt analysis.
- Click the tab you want to view.
Days Sales OutstandingUse the information on this window to view whether your company is collecting its debts effectively. This information is in a graph format and shows how many days worth of sales are outstanding and not paid for at any given time. The following information is available: | Company's Days Sales Outstanding | This is the total accounts receivable, divided by the total credit sales multiplied by the length of the period under consideration. The lower this number is, the better. Read more > | | Default Payment Terms | This is your company's default payment terms in days, taken from the Configuration Editor Terms tab. This is the number of days that you usually give your customers to pay their invoices. | | Graph | The graph displays, for the whole company, the number of customers that have outstanding balances on their accounts grouped into each of your company's ageing periods. Sage 50 Accounts reads the ageing periods from the Settings, Customer Defaults tab. | Days Sales OverdueUse the information in this window to view how well your customers are meeting their payment terms or if you need to improve your debt collection processes. The following information is available: | Company's Days Sales Overdue | This is the total accounts receivable that are overdue, divided by the total credit sales multiplied by the length of the period under consideration. If this value is very low, customers may either be very good payers or their payment terms may be too generous. Read more > | | Default Payment Terms | This is your company's default payment terms in days, taken from the Configuration Editor, Terms tab. This is the number of days that you usually give your customers to pay their invoices. | | Graph | The graph displays, for the whole company, the number of customers that have overdue balances on their accounts, grouped into each of your company's ageing periods. Sage 50 Accounts reads the ageing periods from Settings, Customer Defaults tab. | DetailsUse this to view a list of days sales outstanding and overdue for each company that falls within the selected period. The following information is available: | Average Company's Days Sales Outstanding | This is the total accounts receivable, divided by the total credit sales multiplied by the length of the period under consideration. | | Average Company's Days Sales Overdue | This is the total accounts receivable that are overdue, divided by the total credit sales multiplied by the length of the period under consideration. | | Default Payment Terms | This is your company's default payment terms in days taken from Settings, Customer Defaults tab. This is the number of days that you usually give your customers to pay their invoices. | The main list on the Details window shows a list of customer accounts that have sales outstanding or overdue, within the period you select. For each customer account that appears, the list shows; the customer's account reference and name taken from the Customer Record, the receivables outstanding value, the receivables overdue value, the number of days sales outstanding and the number of days sales overdue. [BCB:119:Limitless - 50 Accounts - Customers:ECB] |