5 articles
DPO is the average number of days a business takes to pay its suppliers. The formula, a quick NZ example, and why it's the same thing NZ accountants call creditor days.
Read articleA payment run is a scheduled batch where you pay all approved supplier bills at once. Weekly vs fortnightly vs monthly, how to time it around the 20th, and a simple checklist.
Read articlePay on the due date in your supplier's terms, not before and not after. Why stretching backfires in NZ trade, when paying early pays off, and a third option for big invoices.
Read articleAccounts payable is money you owe suppliers; accounts receivable is money customers owe you. A side-by-side table and one NZ invoice followed from both sides.
Read articleCreditor days show how long your business takes to pay its suppliers. The formula, a worked NZ example in dollars, what a healthy number looks like, and what to do if suppliers are chasing you.
Read articleEnabling NZ wholesalers to offer instalments as a payment option, while getting paid up front in full.
