Payment Performance Analysis of Debtors in Tally9
In my continuous endeavour to address the credit crunch and as well as address the need to tackle the liquidity crunch few another simple report available which helps you in identifying the problematic ledgers, Keep Visiting again or subscribe to emails to receive regular updates.
Payment Performance Analysis of Debtors
Credit is the backbone of every business. But if the payment is not made in time, it affects the business adversely. In fact, it affects the complete cycle. Thus, it is important to analyze the collections. If the debtor, who pays in time, is given some incentive (such as some discount, any other benefit), it will result in increase of turnover, high return on investment and reduction of working capital need.
In order to carry out such an analysis, select a debtor’s ledger from Display and set the period for which the analysis must be done. Press F8 and select ‘Ledger Payment Performance’. The following screen, which gives bill wise payment details and payment performance, will appear:
