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Unpaid invoices from 2 years ago

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5 years 7 months ago #1213 by Ak08
We have unpaid invoices from 2 years ago which we hadn't realised weren't paid. As we were v busy we didn't check every invoice had been paid and our accountant realised when he tried to reconcile the figures. There are 2 unpaid invoices for 2 customers. At the moment they are refusing to pay. Are we within our rights to expect them to pay?

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5 years 7 months ago #1214 by ashley smith
Hi AK
Yes... you should have up to 6 years for commercial invoices. The other side could try and claim that because you had not chased up they had written them off but as you have said it appears to have been a genuine mistake. If it were to go to court another point you could use is the fact you had not claimed Bad Debt Relief and thus reclaimed any VAT that would have been due on the invoices. Good luck

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5 years 7 months ago #1216 by Ak08
The excuse they are giving is they have no budget for it this year. My view is it is not our problem. The difficulty is that it is an ongoing client so we don't want to fall out. It was a stupid mistake not to realise but on the other hand they have an obligation to pay I think...? The challenge is how to approach it without upsetting them for the future..

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5 years 6 months ago #1226 by Info@specialplasters.co.uk
You are not being unreasonable to expect payment, if it is, as they say, just going to cause them cashflow problems then you could ask them to pay in stages. Point out that you are not (yet) claiming the statuory interest and fees. Also they have been as lax as you in not noticing they have unpaid invoices on their accounts.

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