Debtor days calculatorAs the accountant you will be interested in any amounts due from customers that are well past due in your debtors' ageing report. However, the board prefer to look at key figures. One of these is debtor days, i.e. how long it tak... Read more

Days payable outstanding worksheetThe days payable outstanding (DPO) ratio is extremely important. It shows how long it takes you to pay your suppliers which is a key component in your company's formula for calculating working capital. Businesses must... Read more

Flash reportYou prepare monthly management reports, but in fast moving times how can you deliver key financial indicators quickly so that your board can make critical decisions in a flash?What is a flash report?Management reports in most companies wo... Read more

Monthly prepayments calculatorYou can make adjustments to your monthly management accounts for any expense that spans more than one period, e.g. rent. Other common examples of prepayments are insurance, maintenance contracts and business rates. Howev... Read more

Z score calculatorThe "Z" score of a business has a 70% to 80% accuracy in predicting whether it is likely to become insolvent within two years. This could be a particularly useful tool to help evaluate your company's financial health and that of its cu... Read more

Payback period calculatorYou may be asked to help decide which resources within your business to allocate to certain projects. One way of doing this is to compare the payback period of those competing for investment.PaybackObviously, what needs to be... Read more