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- The fourth reminder advises the customer that unless payment is received within the set period their credit rating may be affected
- Customer's receive a professional template from your company
- Easy to use grey box's prompt to keep your paperwork consistent, accurate and official
- The series of reminder letters can be printed or stored electronically in case of court action or correspondence with solicitors
- The form has been designed to be easy to understand visually and can be altered if required
- This operation is standard practice and ensures you have followed a reasonable process even when you take legal action
Who would use it?
- Small business owners / Secretary
- Accounts department staff
What is it?
The 'Overdue Account - Pass to Debt Collector' is an overdue payment correspondence.
When would you use it?
You would use the 'Overdue Account - Pass to Debt Collector' whenever a job has been completed and the payment has continually not been received from the customer despite regular correspondence.
Why would you use it?
You would use the 'Overdue Account - Pass to Debt Collector' to ensure you inform the customer that they have not paid the invoice on completion of works. As the due date has now long passed, this is a notification that you will take action to recover the monies if they are not paid promptly. The letter informs the customer that your actions may affect their credit rating although you have not stated what the actions will be. It is a permanent record of the correspondence and represents a professional business image. Use of the document ensures that as your business grows, you have practices that are typical in a medium to large business so you don't need to continually re-train staff.
The form is standard practice in every industry. Your company's documents should be of the same design format as it reflects your image and attitude towards being part of a group of 'Professional' tradesman.
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