Financial Modeling for Startups: An Introduction

Re:Financial Modeling for Startups: An Introduction by grenoire on Wednesday August 29, 2018 @04:16AM (#17866607)

I'm currently handling bookkeeping for software companies and one thing that's often overlooked is your clients consistently making late payments on their invoices. Make sure that you know who those client are and schedule accordingly.

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Re:Financial Modeling for Startups: An Introduction by ABS on Wednesday August 29, 2018 @12:01PM (#17869253)

DSO (Days Sales Outstanding) is one of the most important numbers to track for any company. If you are a small company it is arguably the most important one to manage cash flow

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Re:Financial Modeling for Startups: An Introduction by jimnotgym on Wednesday August 29, 2018 @01:39PM (#17870133)

And it is a notoriously fickle metric, most people track it at month end, and yet their main sales receipts come in after... leading to a rather alarming result. DSO or debtor days as it is often called in the UK, needs to be read with an understanding of the payment patterns in that business.

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