> -----Original Message----- > From: IBM Mainframe Discussion List [mailto:[EMAIL PROTECTED] On > Behalf Of Bruce Black > Sent: Tuesday, February 20, 2007 12:14 PM > To: [email protected] > Subject: Re: License keys for ISV products(What alternatives are there? > > > > > Possibly the only way to bring these A-P departments into line is to > > have a notice in the invoice that says failure to pay promptly means > > that the product will stop working. > Then the invoice should specify immediate payment, not "net 30" or > whatever. > > -- > Bruce A. Black
It's a bit hazy now, but from my recall of my accounting class in college, "net 30" means full payment is due within 30 days, not after 30 days. Many A-P departments now interpret it as "postmarked" on day 30, so they get another 7 days (or so) float from snail mail. Jeffrey D. Smith Principal Product Architect Farsight Systems Corporation 700 KEN PRATT BLVD. #204-159 LONGMONT, CO 80501-6452 303-774-9381 direct 303-484-6170 FAX http://www.farsight-systems.com/ ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
