F
Fantasyman
Debtor days calculations are based on
Debtors=Debtors/sales turnover * no of days
My question is should you use sales(turnover not including VAT) and
debtors(which include VAT). Is it better to gross up sales or reduce
the value of debtors? This is for monitoring credit controllers rather
than external reporting.
Debtors=Debtors/sales turnover * no of days
My question is should you use sales(turnover not including VAT) and
debtors(which include VAT). Is it better to gross up sales or reduce
the value of debtors? This is for monitoring credit controllers rather
than external reporting.