View Full Version : 45 days 3rd invoice on 30 properties & no recievables

06-15-2008, 02:28 AM
This is my second year handling this account. It is a purchase order that usually pays every 30 days, or so it used to last year. What can I do?

06-15-2008, 02:33 AM
Call their accounting department or accounts payable, let them know the situation and ask is there any solutions to this matter. You can also bill one month prior. This is how I handle get ahead of the curve. You can start next month send your invoice for July in the beginning

06-15-2008, 02:40 AM
Is this an REO account?

06-15-2008, 03:01 AM
Is this an REO account?

I dont know what an REO account is

06-15-2008, 03:52 AM
Call and ask them this question.

I dont know what an REO account is

Not sure, maybe it's like COD - FOB.
You know...
Cash On Delivery...
Or Fetch it On Back!

06-15-2008, 05:53 AM
REO = Real Estate Owned. Means forclosed property owned by the bank or mortgage company that did not sell at foreclosure auction.