Our Co recently signed an agreement with a distributor to resell hardware/software. When setting up the account, which included receiving some credit, we also signed up to paying invoices by direct debit.
I'm now thinking I'd like to be in control of paying invoices, and not have the DD automatically take the money.
Is it normal to pay invoices to suppliers by DD ?
I can see the benefit of paying some invoices by DD, when the amount will be a fixed outgoing (things like accountancy fees, etc). But the supplier invoices will change monthly depending on the amount of business we've done.
I'm now thinking I'd like to be in control of paying invoices, and not have the DD automatically take the money.
Is it normal to pay invoices to suppliers by DD ?
I can see the benefit of paying some invoices by DD, when the amount will be a fixed outgoing (things like accountancy fees, etc). But the supplier invoices will change monthly depending on the amount of business we've done.
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