[Chugalug] OT: NET15 Terms

Eric Wolf ebwolf at gmail.com
Fri Dec 21 17:45:02 UTC 2012

So one should expect to receive payment for invoice with NET15 terms
received by the client on 12/3 by 12/18... Which was my understanding... It
looks like I won't receive payment for the invoice until 12/31. I hate to
be a dick with a client who is actually paying... but where do you draw the

Eric B. Wolf                           720-334-7734

On Fri, Dec 21, 2012 at 10:16 AM, Dave Brockman <dave at brockmans.com> wrote:

> Hash: SHA1
> On 12/21/2012 11:54 AM, Aaron Welch wrote:
> > It is invoiced, but payment is due within 15 days.  I assess
> > penalties if it is late.
> Most accounting software puts a date on an invoice (once you go
> through the process(es) to "release" the invoice).  Most accounting
> software starts a count-down from that point, and assesses penalties
> based on the invoice date and customer terms.  I process an invoice on
> the first to a NET15 customer, penalties are assessed on the 17th if
> not received.  Bureaucracy has a way of horribly complicating the most
> simple of concepts.  That speak of payment cycles, etc you mentioned
> sounds exactly like that, bureaucratic BS to magically extend NET15
> into NET45 or some other such BS....
> Regards,
> dtb
> - --
> "Some things in life can never be fully appreciated nor
> understood unless experienced firsthand. Some things in
> networking can never be fully understood by someone who neither
> builds commercial networking equipment nor runs an operational
> network."  RFC 1925
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