Monthly Archives: November 2013

Religious organisations – don’t miss the 2nd December ACNC deadline!

Most religious organisations will have by now advised the ACNC that their purpose is the advancement of religion. If you have yet to do so, you need to hurry, as the deadline is 2nd December 2013. Failure to do so … Continue reading

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Cash flow and debtor days

Debtor days allow you to quickly access how long it takes for debtors to pay you. The formula is Debtors Outstanding X 365 / Annual Sales = Debtor Days. Let’s say your annual sales are $2,000,000. Your debtors outstanding are … Continue reading

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