What is Days Payable Outstanding ? Formula & Calculation

A company that takes a long time to pay its bills (high DPO) may be struggling to manage its cash flow and, as a result, may not be seen positively by creditors and investors. By calculating days payable outstanding, a vendor, supplier, or any business analyst can know the average number of days between receiving […]

Reconciling Account Overview, Process, How It Works

Depending on the account type, you may also require additional details presenting the whole activities executed on the account. These activities include details of debit and credit transactions in the account. Check out our guide to managing trust accounting with Clio, or book a demo to see how it works firsthand. AstraZeneca’s Costly Excel Error […]