ANSWERS: 2
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Late fees and penalties have to be mentioned on the invoice or purchase order. If you say Payment within 15 days or penalty will be charged, that would work. I have also seen payment 0 - 15 days as shown, 15 - 20 days add 5%; 20+ days add 10%. If there was no previous agreement to pay interest and penalties, add it on to the past due notice anyway. They still might pay.
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Yes you can, but it had to have been stated in the original agreement. dave http://thebeatspot.com
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