Freesteel Blog » “The cheque is in the post”

“The cheque is in the post”

Wednesday, September 19th, 2007 at 11:06 am Written by:

My guess is that this is one of the most used lies in the world of business.
But sometimes it’s true, like yesterday when I called a company a second time to chase up an invoice that was well overdue. On my first phone call I was told that somebody would call back but never did; and on my second call a day later I was told that a “cheque is in the post”… I can’t help but see a connection here, or do you really believe the cheque would have been in the post without my insisting phone calls, after nearly 2 month since I sent the invoice?

Luckily I knew about the late payment legislation and how to word an invoice: If the money is not handed over after 30 days of your invoice date you can claim compensation for debt recovery as well as interest for every day the payment is late.

Funny that the company who owed the money probably know all this from writing their own invoices: They are charging their customers periodically for their products, and I bet you that any overdue payment is dealt with in a swift and efficient way, much more efficient than we are.

Finally the cheque arrived today, and my invoice for debt recovery and interest will go out today as well. I will keep you posted on the next cheque that should be in the post soon.

1 Comment

  • 1. Days After The Invoice&hellip replies at 5th March 2008, 2:36 am :

    Management of Paper-Based Invoices and Bill in small Business Companies?

    Both big or small business must always deal with accounts processing to handle their invoices and bill payments.

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