Overview:

The Days Sales Outstanding (DSO) report is a financial metric used to measure the average number of days it takes a company to collect payment after a sale has been made. This report is crucial for assessing the efficiency and effectiveness of a company’s credit and collections processes. By calculating DSO, businesses can gain insights into their cash flow management, identify potential issues in their accounts receivable, and make informed decisions to improve financial health. A lower DSO indicates that a company is collecting payments more quickly, which is generally positive for cash flow, whereas a higher DSO may signal challenges in collecting receivables or lenient credit terms.

To generate a Days Sales Outstanding report in Salesforce, first navigate to the Financial Reports section. Select the Days Sales Outstanding option. In the Date From field, choose the desired start month from the drop-down menu to ensure that only records from this month onwards are included in the report. Similarly, in the Date To field, select the desired end month to exclude any records beyond this month. Once both date fields are set, click the Generate Report button to run and display the report.

Generate a Day Sales Outstanding Report

1. Navigate to Financial Reports.
2. Select Days Sales Outstanding.
3. In the Date From field, from the drop-down menu, select the month you want the report to start from.
   • Any records before this month will not be included in the report.
4. In the Date To field, from the drop-down menu, select the month you want the report to start from.
   • Any records after this month will not be included in the report.
5.  The Generate Report button will run the report in Salesforce and display the results.

Learn more about financial reports in Zumzum Financials.