ConEd is offering to settle a $9,200 billing dispute with either a credit to the account or a refund check. Client wants to know which is better from a cash flow perspective. Any thoughts?
ConEd credit vs refund check - which is better?
Take the check Mike. Credits get eaten up over time and the client might forget about it. Cash in hand is always better.
Depends on the client's cash flow. If they're struggling to pay monthly bills, the credit might help reduce future payments. But Chuck's right - cash is king.
Going with the refund check. Client agrees cash is better for their situation. Thanks for the input!