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Old 05-30-2012, 07:27 AM   #1
Sid70
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Payments among the trusted parties

In your country, if you do business with a trusted party, what is the usually accepted term for invoice to be paid?

If its a 2 week gap would you use a credit card to pay bills until your invoice is paid and you can cover bills paid via credit card?
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Old 05-30-2012, 09:44 AM   #2
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I cant afford to pay my bills, so i cant help...

But, heres a bump anyway...
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Old 05-30-2012, 09:46 AM   #3
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I don't give a fuck who you are our where you live, you can count on me to be there to bring your life to a hellish end. I'll put you in so much fucking pain It'll make Jesus being nailed to the cross in the desert look like a fucking back massage on a tropical island. I don't give a fuck how tough you are, how well you can fight, or how many fucking guns you own to protect yourself. I'll fucking show up at your house when you aren?t home. I'll turn all the lights on in your house, leave all the water running, open your fridge door and not close it, and turn the gas stove burners on and let them waste gas. You're going to start stressing the fuck out. Your blood pressure will triple and you'll have a fucking heart attack. You'll go to the hospital for a heart operation and the last thing you'll see when they're putting you under in the operating room is me hovering over you dressed as a doctor. When you wake up after the operation you'll be scared for your fucking life wondering what I did to you while you where being operated on and wondering if there is a ticking time bomb in you chest waiting to go off. You'll recover fully from your heart surgery and when you walk out of the front door of the hospital to go home I'll run you over with my fucking car out of nowhere and kill you. I just wanted you to know how easily I could have destroyed your pathetic fucking excuse for a life, but how I would rather go to great fucking length to make sure your last remaining days are spent in a living breathing fucking hell. It's too fucking late to save yourself, but don't bother committing suicide either. I'll fucking resuscitate you and kill you you again my fucking self. Welcome to hell, population: you.
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Old 05-30-2012, 10:27 AM   #4
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10 days.
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Old 05-30-2012, 10:54 AM   #5
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Quote:
Originally Posted by Sid70 View Post
In your country, if you do business with a trusted party, what is the usually accepted term for invoice to be paid?
10 days, max 30. Many larger companies use "2/10 net 30, which means if it's paid within 10 days, there's a 2% discount, otherwise pay in full within 30 days.

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Originally Posted by Sid70 View Post
If its a 2 week gap would you use a credit card to pay bills until your invoice is paid and you can cover bills paid via credit card?
Personally, I don't do debt. I'd rather eat Ramen and potatoes for a couple weeks than have credit card debt.
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Old 05-30-2012, 11:10 AM   #6
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Originally Posted by Harmon View Post
I don't give a fuck who you are our where you live, you can count on me to be there to bring your life to a hellish end. I'll put you in so much fucking pain It'll make Jesus being nailed to the cross in the desert look like a fucking back massage on a tropical island. I don't give a fuck how tough you are, how well you can fight, or how many fucking guns you own to protect yourself. I'll fucking show up at your house when you aren?t home. I'll turn all the lights on in your house, leave all the water running, open your fridge door and not close it, and turn the gas stove burners on and let them waste gas. You're going to start stressing the fuck out. Your blood pressure will triple and you'll have a fucking heart attack. You'll go to the hospital for a heart operation and the last thing you'll see when they're putting you under in the operating room is me hovering over you dressed as a doctor. When you wake up after the operation you'll be scared for your fucking life wondering what I did to you while you where being operated on and wondering if there is a ticking time bomb in you chest waiting to go off. You'll recover fully from your heart surgery and when you walk out of the front door of the hospital to go home I'll run you over with my fucking car out of nowhere and kill you. I just wanted you to know how easily I could have destroyed your pathetic fucking excuse for a life, but how I would rather go to great fucking length to make sure your last remaining days are spent in a living breathing fucking hell. It's too fucking late to save yourself, but don't bother committing suicide either. I'll fucking resuscitate you and kill you you again my fucking self. Welcome to hell, population: you.
No idea where this came from but it did make me laugh.
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Old 05-30-2012, 12:12 PM   #7
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Quote:
Originally Posted by Sid70 View Post
In your country, if you do business with a trusted party, what is the usually accepted term for invoice to be paid?

If its a 2 week gap would you use a credit card to pay bills until your invoice is paid and you can cover bills paid via credit card?
Standard for my mainstream company is 10 days after invoice date. However the government (and most large companies) will not pay you until it's been 30 days, no matter how much you moan.

And invoicing the any government owned company has to be done electronically, it's a bit of a pain until you get used to it.
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Old 05-30-2012, 12:13 PM   #8
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10 days is fair
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Old 05-30-2012, 12:22 PM   #9
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We invoice from net30 to net120, we start chasing payments the day we should have been paid and cut suppliers off after a few days if there is no valid reason or explanations.
Money in the bank is more important than money in stats so we deal very aggresively with non/delayed payments. Ofcourse we also prepay everyone and we do not reduce uncollectible payments from our clients so we have to set examples and follow through.

A lot of people assume you chase payments because you need money so it can be hard for someone to do, also if you have to cut one of your prime income sources it may be even harder to do, typically people will pay you as late as you allow them to pay. In the long run it will pay off. If someone is struggling you wanna be the first to be paid, not the last!

Just last week I canned a contract with someone who said they would deal with me only and not my invoice / collection department. I told them that dealing with me is not a good thing and its not going to happen. I would rather not spend my time chasing payments when there is so many opportunities out there.

No matter how nice someone is, intentions will never pay your bills or put food on your table
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Old 05-30-2012, 04:08 PM   #10
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i just pay in advance to ppl i trust, or they just tell me to pay when work is done
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