Sales & Collections
The 80/20 Rule is used to determine this relationship between Sales and Collections.
What are Customer Payment Terms?
This is Newpoint's favored disbursement data report.
What is Transaction Detail by Account Report?
These are the documents needed if a client has a term debt loan.
What is a loan agreement and statement.
This data request item should match the source for cash transactions.
What is the Initial Cash Balance?
This document assists in projecting collections in a weekly cash flow model.
What is accounts receivable aging?
This is the first step taken once Disbursement data is received.
What is analyzing the Vendor Pick List.
If AR, AP, and cash accounts are not kept up-to-date, we move to this type of data.
What is bank data?
If a sales forecast in unavailable, we use this document to project sales.
NAC's fees will fall in this vendor pick list disbursement category.
What is Other Non-Operating Disbursements?
If a client has a line of credit, NAC needs this document to update the Senior Liquidity (Line of Credit) section of the liquidity tab.
What is a Borrowing Base Report (BBC)?
Only request accounting software access if the client uses this accounting software.
What is QuickBooks Online?
This sales variable is important to consider when projecting future sales.
What is seasonality?
What is percent of completion billing?
Credit card transactions typically fall under this vendor pick list disbursement category.
What is Term Debt, Fees, & Interest?
This document is needed to build factoring into a cash flow model.
What is a Client Activity Statement?
To project payroll, we ask clients this IDR question.
What is your payroll cycle?
Clients in the Construction industry typically use this type of billing.
We typically request disbursement data going back this amount of time.
What is one year?
This dreaded type of loan is often not discovered during the IDR but by its unrelenting identical disbursements.
What are MCA's?
An IDR critical document that Newpoint has never actually seen.
What is Cycle Time Data for Materials Ordering?