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Jalal_1988's avatar
Jalal_1988
Brass Contributor
Dec 17, 2023

Costumer payments velocity in one day in percntage

I have an invoice for a customer to whom we sell on credit. In one column, the amount paid by the customer is specified, and in another column, the sales amount is specified. In one column, there is...
  • PeterBartholomew1's avatar
    PeterBartholomew1
    Dec 17, 2023

    Jalal_1988 

    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.

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