May 25, 2007, Newsletter Issue #118: Can I wait until my “due date” before mailing in a payment to my web design firm?

Tip of the Week

Your due date, as specified above, is the day that payment for your invoice should be received in the accounting office at your web design firm. This date does not mean that you should wait until that day to mail your payment to your web design firm. After the due date noted on your invoice, your account falls into a "Past Due" status, and, if this occurs, future services from your web design firm may be delayed, until your account has been paid and brought to a "Current" status.

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