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.
- Concerned about RTI 2014 2,793 72
- Rollover relief and private use 80 1
- SAGE con 316 7
- Filed CT600 using Taxcalc 83 2
- ICAEW student, Dilema with client & boss 438 12
- Annual Investment Allowance (AIA) 173 2
- Error in 11-12 return done by previous accountant, do we have to offer them to correct or can I do and client reclaim cost 721 11
- Which software for practice books? 545 20
- Related Parties Note 677 10
- Dazed & confused 368 5
- Law Shipping/Odeon related question 117 2
- Goerge fixes PAs for long period 151 2
- Are HMRC getting it right? 331 7
- trading or dormant 246 6
- Is Hold over relief available? 188 6
- Payroll Liabilities 113 2
- Dormant company owns shares in another company 144 4
- Charity reserves 270 5
- Part-time work - advice please? 159 2
- Aggressive HMRC 1,683 18
- Desperately seeking Susan, Sam or anyone with any other name 1,051
- Experience with Islamic investor following Sharia-compliant rules? 565
- Darwinpay Partnership Assessment 372
- S464A Charge to tax: conferring benefit & BIK 281
- Charge out rates in London? 224
- auto enrolment - calculation of first pension deduction 218
- Personal consumption by landlord 192
- Interest on Loan to a Company 179
- Bank interest in 'near' facility recall situation 160
- Agent fees to sell business 149