What would be the effect of Bad Debt on your company? Use this calculator to determine the impact on your business.
Step 1- Enter the Net Profit % of your company and the amount of bad debt shown in your annual accounts. Then press the tab key, this will display how much turnover is required to cover bad debt for your company.
Step 2 - Use the up arrow to show incrementally how reducing bad debt helps to reduce the need for additional turnover
Step3 - Enter the sales cost % for your company. This will display a potential sales cost saving for your company by reducing bad debt.
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