2016-12-07 00:00:00 Invoicing English Review the importance of scheduling reminders for late invoices. Reminders can help you reduce late payments and shorten your accounts... https://d1bkf7psx818ah.cloudfront.net/wp-content/uploads/2017/10/08213835/Email-reminder-on-smartphone-on-office-desk.jpg Schedule Email Reminders For Invoices

Schedule Email Reminders For Invoices

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Prompt payment from your clients safeguards your business’s cash flow, but if your clients lose their invoices or get distracted by other matters, they may forget to pay. To reduce late payments and tighten the payment term, send out email reminders.

If you have QuickBooks, you may set your alerts to notify you when clients are late paying invoices, so you can email clients accordingly. Alternatively, with an online invoicing service, you can set up the software to dispatch a reminder automatically if the invoice isn’t paid in a certain amount of time.

Choose your wording carefully. For example, you may want the first message to serve as a gentle reminder to pay the invoice, while using stronger language (such as a demand for payment) on subsequent messages.

References & Resources

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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