KPI of the Day – Accounting: % Billing accuracy
Definition
Measures the percentage of bills that were issued without error and with the right cost on them the first time they were written, out of total bills issued.
Posts Tagged ‘Accounting KPIs’
KPI of the Day – Accounting Performance: % Obsolescence costs from total inventory
Definition
Measures inventory obsolescence costs (cost of inventory when no longer deployable to the customer) as a percentage of total inventory. It indicates the effectiveness of the inventory management process.
KPI of the Day – Accounting: $ Unapplied cash
Definition
Measures the daily average value of unapplied cash relative to daily average revenue.
KPI of the Day – Accounting: % Aging of uncollected bills
Definition
Measures the promptness of the customer’s ability to submit payment. It measures the dollar value associated with uncollected bills in 30, 60, 90, and 120+ day buckets.
KPI of the Day – Accounting: $ Cost of goods sold (COGS)
Definition
Measures the cost of merchandise sold within a given time period.
