late fees

Out of context: Reply #5

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    from my experience the bigger the corporation and the larger the invoice the longer it´ll take them to pay up. if you plan to ´educate´ them with the late fee, i´d forget about that, not possible. better to incorporate the late fee in the cost estimate, mark up, and/or ask for respective interim payment(s), adapted timewise to slow accounting.

    • totally agree; using payments with milestones is a good practice.zarkonite

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