{"id":3392,"date":"2012-09-10T06:26:32","date_gmt":"2012-09-10T04:26:32","guid":{"rendered":"http:\/\/www.officetodo.com\/public\/?p=3392"},"modified":"2012-09-09T06:29:00","modified_gmt":"2012-09-09T04:29:00","slug":"to-pay-bills-on-due-time-or-a-bit-earlier","status":"publish","type":"post","link":"https:\/\/www.officetodo.com\/public\/to-pay-bills-on-due-time-or-a-bit-earlier\/","title":{"rendered":"To pay bills on due time or a bit earlier?"},"content":{"rendered":"<p>It\u2019s 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\u2019s not a big deal, but in case it\u2019s 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.<\/p>\n<p><!--more-->So, the question is whether to pay on time or a tad earlier?<\/p>\n<p>Generally speaking the due date is the latest you should pay. However, you should always consider following things:<\/p>\n<ul>\n<li>If the date of payment falls to weekend;<\/li>\n<li>If it\u2019s a foreign supplier meaning the bank accounts are also abroad;<\/li>\n<li>If you have enough funds at the payment date due to many invoices having the due date on the same day.<\/li>\n<\/ul>\n<p>Payments that are scheduled to happen on weekend are always best being paid up front a tad earlier than waiting for the day after the weekend. Make it a good habit of yours.<\/p>\n<p>The thing with accounts abroad is a simple matter of transfer times \u2013 you pay the invoice from your bank account say on Monday, but the transfer takes time and your supplier receives the funds on Thursday for an example. Now, if the due date of the invoice was on Monday, you\u2019re balance got overdue with your supplier. In case you knew this and made your payment a week before, it will reach your supplier exactly on time.<\/p>\n<p>It\u2019s never a bad thing to pay earlier, but you wouldn\u2019t want to be late all the time now would you?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s 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\u2019s not a big deal, but in case it\u2019s becoming a habit, it does not send a good message to your suppliers and they may either [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,72],"tags":[],"class_list":["post-3392","post","type-post","status-publish","format-standard","hentry","category-2-processes","category-2-6-paying-bills"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/3392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/comments?post=3392"}],"version-history":[{"count":3,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/3392\/revisions"}],"predecessor-version":[{"id":3396,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/3392\/revisions\/3396"}],"wp:attachment":[{"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/media?parent=3392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/categories?post=3392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/tags?post=3392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}