When does 30 days Payment Terms mean….. 30 Days?
“30 Days” Can mean a lot of things….
For instance –
When does the clock start ticking ? Is it ….
▻ Date of Invoice
▻ Delivery of Service
▻ Client’s receipt of Invoice
Unless your engagement letter or contract specifies otherwise – the statutory default is 30 dqays from the later of:-
- The date the Client received the […]