Wording for my fee policy

[nb73]

Hi, I am setting up my fee policy, but I will be asking parents to pay one month in advance, I have worded it as follows:
Invoices will be raised on the 1st working day of each week/month with payment due by the final working day of that week/month, with cleared funds to be received by the 1st working day of the following week/month.

Does this sound right or a bit complicated?!!

Many thanks!

[Goatgirl]

Hi,
Sounds a bit complicated to me, but then I'm easily confused...
I'd try to break it down and for me I would mention the payment date first. Then explain that means 'cleared into my account'. Then say when I will provide invoices.

This is just me, so feel free to ignore

bws,
Wendy

[Louise0208]

that went way over my head

though im a bit dense

[sarah707]

I understand it but I'd bullet point it as the meaning can get lost in a sentence.

Payment terms.

Invoices will be raised...

Payment must be made by...

Payment must be cleared by...

This means that if you pay by cheque ...

Hth

[Allie]

Even I could understand Sarah and I hate the money side of CM


Allie

[nb73]

thank you, makes more sense to break it down, will go and change it now x