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Payment terms final invoices

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    Payment terms final invoices

    I have been working for an agent for the last 3 years and have submitted my invoices roughly every 4 weeks as per a schedule that they supplied.

    They are contracted to pay within 30 days from receipt of invoice, however previous invoices have been paid after approx 10 days by BACS.

    My last day with this agency was 30/11 and I had submitted an invoice on 19/11 as per their schedule. I spoke to the accounts department last week and was told that this invoice would be paid on 30/11. I quoted this date in an email to the agent last week and received no notification of any change of payment date.

    I was not paid on the 30/11 and after some conversation yesterday they are saying that they are within their contracted terms of 30 days and will not commit to a payment date, even though all timesheets have been submitted and signed by client.

    My questions are:

    Would 30 days from the 19 Nov be 18 Dec which is a Saturday? Do they get any grace because the 30 days fall on a weekend? Should this be cleared funds? If I do not receive payment by this date, what is the quickest most direct form of action I can take against them?

    #2
    Originally posted by mr_woo View Post
    I have been working for an agent for the last 3 years and have submitted my invoices roughly every 4 weeks as per a schedule that they supplied.

    They are contracted to pay within 30 days from receipt of invoice, however previous invoices have been paid after approx 10 days by BACS.

    My last day with this agency was 30/11 and I had submitted an invoice on 19/11 as per their schedule. I spoke to the accounts department last week and was told that this invoice would be paid on 30/11. I quoted this date in an email to the agent last week and received no notification of any change of payment date.

    I was not paid on the 30/11 and after some conversation yesterday they are saying that they are within their contracted terms of 30 days and will not commit to a payment date, even though all timesheets have been submitted and signed by client.

    My questions are:

    Would 30 days from the 19 Nov be 18 Dec which is a Saturday? Do they get any grace because the 30 days fall on a weekend? Should this be cleared funds? If I do not receive payment by this date, what is the quickest most direct form of action I can take against them?
    If your contract with the agent states 30 days for payment, then it will be up to 30 days from the date of the invoice, unless you have been informed of a reason for late payment. The fact that the agent paid within 10 days on previous invoices has nothing to do with it. The agent is within their rights to pay later than they have been, providing it is within the T's & C's. However, if the payment is due to fall on a Saturday or Sunday, I would wait til close of play on the next working day before chasing.

    However, I would ask if it is 30 days or 30 working days.
    If your company is the best place to work in, for a mere £500 p/d, you can advertise here.

    Comment


      #3
      Originally posted by mr_woo View Post
      Would 30 days from the 19 Nov be 18 Dec which is a Saturday? Do they get any grace because the 30 days fall on a weekend? Should this be cleared funds? If I do not receive payment by this date, what is the quickest most direct form of action I can take against them?
      Maybe they'll pay by Friday, maybe it's Monday. I must say though that after 3 years of paying the invoices typically 20 days early, you could probably cut them a little bit of slack on the final invoice.

      If they don't pay (and as yet there is NO suggestion that they won't) you can take legal action but that would take months.

      The quickest form of action is to sweet talk the girl who processes the payments.
      Free advice and opinions - refunds are available if you are not 100% satisfied.

      Comment


        #4
        Originally posted by Wanderer View Post
        The quickest form of action is to sweet talk the girl who processes the payments.
        Or the woman.

        Or it could be a boy or a fella.
        If your company is the best place to work in, for a mere £500 p/d, you can advertise here.

        Comment


          #5
          Originally posted by pmeswani View Post
          Or the woman.

          Or it could be a boy or a fella.
          To be fair if it is the difference between getting paid or not this would not make a difference to me. Once I got paid I would have to do a lot of chest beating and fire making afterwards though!!
          'CUK forum personality of 2011 - Winner - Yes really!!!!

          Comment


            #6
            Originally posted by northernladuk View Post
            To be fair if it is the difference between getting paid or not this would not make a difference to me. Once I got paid I would have to do a lot of chest beating and fire making afterwards though!!
            I would offer to pay for you to have a sex change to see if your theory holds true, but I don't think it would yield a rate of return.
            If your company is the best place to work in, for a mere £500 p/d, you can advertise here.

            Comment

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