In this article, we break down the two key methods for calculating Days Sales Outstanding (DSO): the Simple Method and the Countback Method. You'll learn how each formula works, when to use them, and how they impact your accounts receivable management.

Our calculator helps Australian businesses determine appropriate late fees within the common 10% annual cap. Learn how to legally apply interest charges, fixed penalties, and admin fees based on Australian business practices and contract law principles.

With no specific legal cap on late fees in Singapore, businesses need guidance on reasonable charges. Use our interactive calculator and follow our best practice advice to set fair, enforceable late payment fees that protect your cash flow.

Learn what constitutes 'reasonable' late fees in New Zealand with our comprehensive guide and interactive calculator. Discover best practices for charging interest on overdue invoices, calculating fair rates, and implementing effective payment terms that comply with NZ regulations.

Use our interactive calculator to determine fair late fees in South Africa. While there's no industry-specific cap, learn how to set reasonable charges under the Prescribed Rate of Interest Act, apply admin fees, and create legally enforceable payment terms.

Calculate and apply legal late fees in Canada with our interactive calculator. Discover how to charge fixed penalties or interest at the bank rate plus 3%, understand provincial variations, and implement effective late payment strategies that comply with Canadian regulations.