| I would tend to agree with Peter - it seems he probably pays his bills & makes sure that the check gets there on or before the date that it is due. And then you have the customers like Pete mentions; the ones that tend to send the check out to you the day that it is due.
Most businesses have certain days that they write checks. if you can maybe watch / learn from these dates for each customer, it might be worthwhile. Do you charge interest on open balances? That might be something to do - we used to do that for any account that had not been paid by the 25th. The due date was the 15th. This gave our clients 10 extra days to pay. The 25th was when we created invoices for the next month & that was when interest was calculated. |