Well that sounds pretty good. I have a client that I do the same thing for, but he pays me in advance!! (Consider that rare) Anyhow as most companies are net 30 you will most likely be dealing with that time frame. I would say that anytime before the invoice becomes due, should be the debug period. This will help alleviate any potential problems that the client may have in the future. In your invoice, I would state that by paying said invoice you are agreeing that the product supplied is satisfactory and that any additional work will be billed at an hourly rate.
"Success is a journey, not a destination!!" Doug Brown ----- Original Message ----- From: "Dirk Sieber" <[EMAIL PROTECTED]> To: "CF-Talk" <[EMAIL PROTECTED]> Sent: Thursday, April 11, 2002 12:23 PM Subject: OT: Payment terms > Hi everyone, > > This is a little off-topic, but I'm hoping some of you might be able to > give me some good advice. I'm going to be entering in a formal agreement > to perform some enhancement/bug fix work for a client on a casual, but > ongoing basis, and they're asking me for my payment terms. Now, in the > past, I've either always been paid COD, or been someone's employee, so this > is a bit new to me. :) > > I'd welcome comments on what everyone thinks is a 'fair' amount of time for > payment. My first thought was 1 week from delivery for bug testing - if > nothing is reported in that week, the client is assumed to have signed off > on the work (if they don't do so sooner), and payment is due within 30 days. > > Thoughts? Comments? > > Thanks! > Dirk > > ______________________________________________________________________ This list and all House of Fusion resources hosted by CFHosting.com. The place for dependable ColdFusion Hosting. FAQ: http://www.thenetprofits.co.uk/coldfusion/faq Archives: http://www.mail-archive.com/[email protected]/ Unsubscribe: http://www.houseoffusion.com/index.cfm?sidebar=lists
