Skip to main content
A
ahelton
January 17, 2021
Question

What should I use as the payment date when client pays by check?

  • January 17, 2021
  • 1 reply
  • 0 views

Hi All,

 

When receiving a payment on an invoice, what should I use as payment date? The date on the check or the date I physically receive the check?

 

Thanks,

Andrew

1 reply

LeithG
LeithG
January 18, 2021

Hi AHelton:

 

Usually, you'll want to use the date the payment was received/deposited by you.  This way, if you set up 'prompt payment' discounts, they'll only apply in the correct situation - where the money is in your hands by the discount date.

    Terms & ConditionsAccessibility statement