Invoice payable within... wording help...

[dspring]

Drawing up some invoices today... I want to add a "invoices payable within 30 days" type clause after some fiascoes with the same client last year...

what do you use? is there a standard line?

cheers

[Tenebrini]

Someone else will answer in the time it will take me to dig up my invoices that are Net30.

[goad74]

"You ever picked up your teeth with broken fingers?"

[steve w]

"due to last year's payment fiascoes, I will need to get a check before you
receive final artwork (or whatever)"

[Mark McCormick]

Time for Payment: All invoices are payable within 30 days of receipt. A 1.5% monthly service charge is payable on all overdue balances. The grant of any license or right of copyright is conditioned on receipt of full payment.

Default in Payment: The Client shall assume responsibility for all collection of legal fees necessitated by default in payment.

[strawberryluna]

actually, i have "Payment Due Upon Receipt" on my invoices and they tend to be paid within 30 days, not on receipt.

having worked on both sides of the payer/payee fence, invoices that said Net 30 went to the back of the pile to be paid. in my experience, Net 30 means that a check needs to be cut or worse, that the invoice doesn't even see an accounts payable person until close to the 30th day.

but if you want to go Net 30, McMark said it well, succinct and with a contingency plan attached from the start.

Originally Posted by mccormick021

All invoices are payable within 30 days of receipt. A 1.5% monthly service charge is payable on all overdue balances.

[steve w]

Seriously, why are you doing net 30, anyway?
I used to think it appeared more "professional", but it turns out it just labels you a sucker.
You're not a corporation.

[dspring]

Last year this agency took 3 months to pay after repeated phone calls on their end to say the cheque was in the mail... I am doing some work for them again... they are a big agency worldwide... just trying to get my money in a timely manner... since I worked for them exclusively for a month I had no other income for that month and made me have to dip into savings to pay the mortgage while I waited for their cheque to come... I like Luna's approach... I think I will go with that...

[philaarts.com]

"due yesterday bitch"

[Get a Clue Design]

Originally Posted by goad74

"You ever picked up your teeth with broken fingers?"

Thanks, needed that laugh.

I have a client who's past 90 days. After the email I sent today, I will not have that client. Ridiculous.

'Due upon receipt' gets ignored mostly, but it may help get paid "on time".