When to invoice?

[adejones]

Hi everyone,

I invoice my customers annually and for the past 6-7 years I have been generating and sending the invoice 4-5 days before their renewal date, the invoice has terms of payment within 30 days.

But last month I started using Sage and generating invoices through that, and I noticed that on the template I am using it has "invoice date" of the current date and "due date" 30 days later, and i'm not quite sure how to interpret this.

Should I be sending my invoices 30 days before their renewal date so that the "due date" matches their contract renewal date, or continue with what i'm doing and let them know the invoice is overdue if now paid by the due date (30 days after sending).

I have noticed a few customers pay around 30 days after I sent it, this is both before and after using Sage.

Thanks

 

[MyAccountantOnline]

Hi everyone,

I invoice my customers annually and for the past 6-7 years I have been generating and sending the invoice 4-5 days before their renewal date, the invoice has terms of payment within 30 days.

But last month I started using Sage and generating invoices through that, and I noticed that on the template I am using it has "invoice date" of the current date and "due date" 30 days later, and i'm not quite sure how to interpret this.

Should I be sending my invoices 30 days before their renewal date so that the "due date" matches their contract renewal date, or continue with what i'm doing and let them know the invoice is overdue if now paid by the due date (30 days after sending).

I have noticed a few customers pay around 30 days after I sent it, this is both before and after using Sage.

Thanks

If you want to be paid on the renewal date I'd send an invoice on the renewal date due on receipt.

 

[JEREMY HAWKE]

I just write 0 in the payment terms box on Sage as just I want the money in the bank ?