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How To Check Average Payment Days In Application & Tally
how to check
Go to Gateway of Tally > Ratio Analysis . The Ratio Analysis screen is displayed as shown below:
To get group level and customer level performance reports and a detailed position of debt collection, you have to drill down from the ratios. Use a customer statement that shows both the receivable turnover in days and the customer's actual payment performance.
- 1.Go to Gateway of Tally > Ratio Analysis
- 2.Drill down from Recv. Turnover in days .
- 3.Select a party ledger and press Enter to drill down. The Ledger Payment Performance screen is displayed as shown:
Step 1: Click on outstanding receivable > Click on 3 dots top right corner >Sort by Fields > Sort by Average payments days