Due dates on invoices?

May 13, 2020

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Q. Does your invoice specifically list a due date? Or do you simply list terms? What is the thinking behind your current practice? A. (Answered by the IOFM Advisory Panel) Our system’s invoices currently include an automation of the payment terms linked to the customer. That triggers an automatic due date on the invoice. It is my experience that the customer (or Accounts Payable) sees only the due date and doesn’t really pay attention to the payment terms on an invoice. This of course, is not…

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