Modify Number of Days for DSO

Explanation

This activity is used to modify the number of days for a period of twelve months already defined for the purpose of calculating the Day Sales Outstanding (DSO). The day sales outstanding is the average number of days taken by a customer to pay for his/her purchases. The default number of days for twelve months is three hundred and sixty five.

Prerequisites

This activity has no prerequisites

System Effects

As a result of this activity, the number of days for DSO will be available to be used for DSO calculations.

Window

Credit Management Basic Data

Related Window Descriptions

DSO Settings

Procedure

1. Open the DSO Settings tab in the Credit Management Basic Data window and populate.
2. Modify the value displayed in the No of Days for DSO field as appropriate and save.