Re: How to handle late charges?

[Neil Sadwelkar] "...dishonesty...I know calling late payment dishonest is a bit harsh"

Sometimes, it is exactly the case. You don't have to go very far back into the past to find many posts along these lines. There are clients who are late just on principle, to arbitrary exercise power and to remind you who is the boss.

Your idea is always my favorite. Make plain on the bill that there is a price for paying in advance, paying on completion, 30 days, 30-60, 60+, etc. Let them know EXACTLY what they can expect, get their signature, and there's no ambiguity.

Not that this has any bearing on Kenton's original question. :-) But good practice going forward.


tw






Tim Wilson
Creative Cow Magazine!

My Blog: "Is this thing on? Oh it's on!"

Don't forget to rate your favorite posts!