First reminder for unpaid outstanding invoice after the provision of goods and services that have been overdue. Suggest that there may have been an oversight.
A Payment Reminder Letter Format. A Final demand / reminder / letter before action for unpaid outstanding invoice after the provision of goods and services that have been extremely overdue.
Proforma Invoice for the purchase of goods.
A Purchase Order (PO) from the Buyer to the Seller for the purchase of product / goods.
Yes, you can take legal action against a customer for non-payment even though there is no written contract. But in absence of a written contract, the challenge is to prove that a legally binding contract existed between the parties. A contract is an agreement between two or more parties. It is formed when offer, acceptance, … Read more
When you are running a business, you are likely to encounter a situation where the customer fails to pay the invoices for the services rendered/for goods already delivered within the prescribed period of time. Therefore, it is important to understand your rights to take legal action against such a customer for non-payment of invoices. This … Read more
Money laundering is when someone transfers money to hide illegally obtained money (e.g. received from criminal sources), in order to conceal where the money came from by making it seem as if it was taken from a legitimate source. While there are several different methods that can be used to launder money, one possible way … Read more
When accepting payment methods at either your physical retail store or online, it is important for businesses to be wary of the regulations you need to follow, to ensure compliance with the law. With the rise of contactless payments and the increasing risks of cyberattacks, here is what you need to know when accepting payments. … Read more