Forum Discussion
Costumer payments velocity in one day in percntage
- Dec 17, 2023
If I had a clear description of the calculation required, illustrated with step-by-step hand calculations, I could probably reproduce the results using MS 365. As things stand, I do not understand the meaning of the term 'payment velocity'; I am not sure why the customer started out by paying so much more than was invoiced; I don't know whether the fact that at the end transactions do not appear in date order.
The sort of things I can do are to calculate the balance and identify points at which it falls to zero; calculate the average balance for each reconciliation period, similarly average the selling amount. For all that, I do not know what you want returned by way of calculations.
I'm not sure if I understood it correctly, but I'm sending you a test file with what I understood .
My answers are voluntary and without guarantee!
Hope this will help you.
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- Jalal_1988Dec 17, 2023Brass ContributorDear Nikolino
thank you for your trying but unfortunately your response is false
tnx- PeterBartholomew1Dec 17, 2023Silver Contributor
If I had a clear description of the calculation required, illustrated with step-by-step hand calculations, I could probably reproduce the results using MS 365. As things stand, I do not understand the meaning of the term 'payment velocity'; I am not sure why the customer started out by paying so much more than was invoiced; I don't know whether the fact that at the end transactions do not appear in date order.
The sort of things I can do are to calculate the balance and identify points at which it falls to zero; calculate the average balance for each reconciliation period, similarly average the selling amount. For all that, I do not know what you want returned by way of calculations.
- Jalal_1988Dec 23, 2023Brass ContributorNo problem for the payment in first time more than its purchase,
i want to find an index for my costumer to know which costumers doing their payments in shortest time to classify the costumers