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c/billing-issuescasey268casey2683d agoProlific Poster

Heard a freelancer at a coffee shop say they send invoices with a 'due on receipt' note and get paid in 3 days flat

I always give 30 day terms and end up waiting 6 weeks, so maybe I should try their approach and see if it works without scaring off new clients.
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3 Comments
brooke_murray
Yeah, "due on receipt" is the way to go honestly... I switched a few years back and most clients don't even blink at it. The ones who do are usually the slow payers anyway, so it kinda filters them out for you.
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sam_cooper
Ask Daniel if he's ever actually tried switching a reliable client like that to "due on receipt" and just talked it through with them. I'm curious how many of those long term folks would adapt versus how many would push back. There's a difference between someone who pays every two weeks like clockwork and someone who's just slow. The first kind usually doesn't mind adjusting if you give them a heads up and explain why.
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danielowens
yeah @brooke_murray that filtering thing is interesting but what about the clients who are totally legit and just need a few days? like i have a long term client who pays every 14 days without fail but they wont do net30 or net15. they just send a check every other friday so "due on receipt" would actually mess that up for me. how do you handle those account? do you just make exceptions or stick to the rule? i feel like being too rigid might cost you some good money lol
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