What's the longest you've ever waited to get paid for an invoice? I'm going on 2.5 years now
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Replying to @Caaymus
4 months by mistake once, but everything else within a month. Just add a duedate on it (normally up to or around 10-14 workingdays) and they'll have to pay
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Replying to @TheNameIsToby
“Add a due date and they’ll have to pay” Omegalul
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Replying to @therealEsq
am I wrong? if in your invoice you put down a 'payment to be transfered by' date, afaik, it has to be done by then as long as it's more than 10 working days and no other agreement is made through a contract.
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Replying to @TheNameIsToby
Just because you put “Net X” in an invoice doesn’t mean they’re going to pay it. My best advice: put net 30 or however many days and then also put in an interest rate that’s legal in your country that begins to accrue after due date.
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Replying to @therealEsq
Whether they're going to pay it on time or not, doesn't my point still stand in the sense that they're supposed to / 'have to'? I'm no lawyer or expert on this, so correct me if I'm wrong. It's just always worked for me to do it that way with 0 complaints.
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Replying to @TheNameIsToby
They’re “supposed” to yes but there’s nothing forcing them to “have” to. If you don’t have an interest rate tacked on they can just sit back for free and let you decide to come after them legally if it’s worth your time and money.
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Replying to @therealEsq
Well, that goes for any pay of any employee / contracter. I mean, as long as it's not a signed contract saying that they have to, and even then, people will still be jerks and be late with payment. But I actually thought there were laws in that regard.
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Replying to @TheNameIsToby @therealEsq
Laws vary by country, but typically (from a legal perspective) payment terms are Net 30 (from date of receipt of a valid invoice) unless otherwise agreed. You can't just put random payment terms on an invoice that weren't agreed prior.
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In the US you can put late penalties that don’t have to be agreed upon as long as they aren’t usurious
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Replying to @therealEsq @TheNameIsToby
Yep, an entirely separate point. There is statutory interest in the UK too.
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Anywhere I can find out about the levels I should be setting? Only just getting into the talent world and want to make sure I get paid
already had some interesting experiences1 reply 0 retweets 0 likes - Show replies
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