I'm looking for advice from those of you whose clients pay by standing order (or direct debit for that matter).
So far my clients have paid when I raise an invoice but for a more even cash flow and less chasing of clients for amounts outstanding, I decided that now is the time to move clients onto paying by standing orders.
I have already considered direct debits but the cost is the problem in that case.
So how do I go about it?
Do I just contact my larger clients or would every client be happy to pay monthly?
I was going to write to my clients and enclose a standing order mandate for completion but what about terms and conditions, are there any templates out there that I could use?
Any advice would be much appreciated.
- Wrong career 420 18
- Would this save hours of your time? 358 8
- Laptop purchase 1,349 20
- PTP software disaster 218 2
- Producing graphical KPI's etc 153 4
- CIS repayment shambles finally over? 198 2
- Treatment of EU Purchases on Sage 87 2
- Director's tax return 190 3
- Tricky VAT question 128 1
- RTI Annual Scheme Query 98 2
- MONEYSOFT - EARLIER YEAR UPDATE 226 6
- VT accounts licence key 232 5
- Weely paid employees 210 2
- Splitting the tax year 78 1
- FPS Submission 131 2
- Value pricing 636 20
- non resident receiving UK dividends 201 3
- P11d & Medical Ins 127 1
- vat return 220 1
- Underpaid National Insurance 173 3
- Residential Property Purchase Above £750K 789
- Using Sage with Sofa Categories 544
- Does anyone have an unwanted ICAEW wooden plaque? 409
- Goods shipped inter EU and VAT Reporting 290
- Free Tax Legislation? 250
- Non-Resident Director - UK Tax Position? 234
- Director Loan account operation 232
- transferring simply accounting 2010 from xp to windows 7 228
- Sage 200 and Access Dimensions reviews 224
- Paye procedures for CVA 159