How to utilize the Average Days to Pay report

Summary

The Average Days to Pay report provides historical insight into how much time elapses between invoicing and payment. This figure is shown in aggregate and broken down by Customer and time frame. View invoices paid within the past 90 days, 120 days, 6 months (182 days), 12 months (365 days), or all time paid.

Invoice source 

View invoices sent by Tabs only or all invoices, which includes invoices imported from the General Ledger.

Customers

View by customer or break entries into sub-customers where available. 

Invoice details

View paid invoice details pages within the date range. Note that imported invoices are calculated on an aggregated basis.

Notes on calculations

• Invoices paid on the invoice date (including auto-charge invoices) will return 0 days to pay.

• When the average has a decimal place, we’ll return the next integer (e.g. 3.3 days sales outstanding will be listed as 4 days on our report).

• Invoices are only considered when they are fully paid. 

• Invoices that are voided are not considered.