Avista refund came through for $47K but client is asking for 90 days to pay my fee. I usually give 30 days. What's reasonable when they already have the refund check?
Payment terms - how long do you give clients?
I give 30 days from refund receipt. Dominion Energy refunds clear fast so there's no excuse for delay. Some clients try to use our money as free financing.
Tampa Electric clients sometimes ask for extended terms. I do 30 days standard, 60 days maximum with 1.5% monthly late fee clearly stated in contract.
Had Duke Energy Florida client try this. I offered payment plan: 50% at 30 days, balance at 60 days. They took it and paid early.