You receive an invoice, it has a payment date that’s not today, and you put it away. I’m pretty confident that if the invoice had today’s date, it would get your attention for a bit longer, for as long as it takes to pay it. Note that there’s nothing wrong with it being put aside if the date wasn’t today’s.
However, as it happens, often times the invoice doesn’t get any attention apart from “Oh, don’t have to pay it today, I will look into it sometime later” or some similar comment. And that’s that. Continue reading
Every so often it may happen that getting an invoice from your supplier isn’t all that easy. The reasons may vary – technical problems with issuing the invoice, problems with calculating the prices and so on. They may have promised to send you the invoice on a said day, but as it happens, it’s late until further notice. Continue reading
Generally speaking, partial payments are always allowed unless stated clearly otherwise on the invoice. Now, the question is if and why you’d do it? It totally makes sense to pay invoices in full on time so why would someone pay parts of the total sum on different days?
It’s always a good question. First off however, let me clarify that paying your bills after the due date is not a good choice because if it happens once, it’s not a big deal, but in case it’s becoming a habit, it does not send a good message to your suppliers and they may either start demanding prepayments for goods and services or that you pay at the spot. Either way, you do want to be on their good grace so that you get to pay later.