To calculate credit sales, sum all sales transactions where payment is deferred to a future date, excluding cash sales. This can be done by reviewing accounts receivable records and invoices issued to customers. Accurate calculation helps track the total amount owed by customers and manage cash flow effectively.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.