Gross profit measures the revenue a business earns after deducting the cost of goods sold. It’s an important metric for assessing how efficiently a business covers its production costs in relation to its total income from sales. Profit margins are used to determine how well a company’s management is generating profits. It’s helpful to compare the profit margins […]

The complex, time-consuming projects often require extended periods for completion and invoicing. On the other hand, retail companies, which often work on cash transactions or short-term credit, are likely to show a lower DSO. The Net DSO’s major benefit is that it removes the impact of doubtful debts, providing a clear-cut view of the collection […]

S&S Financial Services, L.L.C. is a business consultant that has been serving clients throughout the Overland Park area for over 12 years. Founder Sydney Shaw is a member of the American Institute of Certified Public Accountants (AICPA). Click here to set up your free one hour consultation! We can help with any business bookkeeping services, […]

Instead, investors purchase discount notes at a discounted price and receive the note’s face value (also called “par value”) at maturity. For example, a bank might loan a business $9,000 with a 10-year, $10,000 zero interest note. This means the company borrows $9,000 from the bank and must pay back $10,000 over the course of […]

Users can input invoices directly into the template, which will automatically calculate outstanding amounts for each invoice. In addition to the above, the accounts payable department verifies purchases, aging analysis reports apart from vendor management. Managing your accounts payable can be a time-consuming task, especially if you’re tracking everything manually. An Accounts Payable Excel Template […]