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Steps for Forecasting Accounts Receivable Using DSO Sales Forecast = (Last Month Revenue + Expected Growth ? Expected Churn) DSO = (Accounts Receivable / Total Credit Sales) x Number of Days in the Period. Accounts Receivable Forecast = Days Sales Outstanding (DSO) x (Sales Forecast / Time)
Follow these steps to predict future revenue: Open an Excel sheet with your historical sales data. Select data in the two columns with the date and net revenue data. Click on the Data tab and pick "Forecast Sheet." Enter the date your forecast will end and click "Create." Title and save your financial projection.
Create a forecast In a worksheet, enter two data series that correspond to each other: ... Select both data series. ... On the Data tab, in the Forecast group, click Forecast Sheet. In the Create Forecast Worksheet box, pick either a line chart or a column chart for the visual representation of the forecast.
For purposes of forecasting accounts receivable in a financial model, the standard modeling convention is to tie A/R to revenue, since the relationship between the two is closely linked. More specifically, the days sales outstanding (DSO) metric is used in the majority of financial models to project A/R.
Follow the directions and formulas below to quickly create your own accounts receivable ledger in Excel. Set up your Excel sheet to include ?Invoice Dates? in column A, ?Invoice Numbers? in column B, and ?Due Dates? in column C. ... Add a column for ?Total Amount Due? in column E and add the corresponding information.