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Days Sales Outstanding Formula: What is DSO and How Do You Calculate It?

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In an ideal world, all customers would pay an invoice the moment they receive it. But in reality, companies often have to spend considerable time and resources chasing down late payments that are stuck in Accounts Receivable. Promptly collecting payments from your customers is essential to run a sustainable business.

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Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

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Businesses apply it to offset e-payment processing costs for transactions where customers pay with credit cards rather than cash. Airlines, shipping companies, and freight carriers leverage this extra fee to cope with the unpredictable nature of fuel costs. On invoices, present it as a separate line item to provide a clear breakdown.