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suffolkclean

  • Posts: 908
Payment for Contract Work
« on: October 06, 2009, 09:50:30 am »
I would like all regular work to be paid direct into our bank account on a monthly basis - customers pay via BACS when they get an Invoice but to get a set amount each month paid into our account do we set up a direct debit or does the customer?? Do I have to get a mandate form from my bank to fill in their bank details.
Thanks

Daria Taylor

Re: Payment for Contract Work
« Reply #1 on: October 07, 2009, 12:13:11 am »
do you mean direct debit? if yes then you will be able to do it through your bank, but it's them that have to set it up with their bank not you. what usually happens isthey feel a special form in and it gets sent off to their bank where they just set it up as a direct debit, or can be done using online banking.I hope this helps. 

Joe H

Re: Payment for Contract Work
« Reply #2 on: October 07, 2009, 05:40:31 am »
With my regular custys on domestic cleaning I have most of them on a standing order (much easier to set up).
The custy sets up the SO to pay the same amount every month.
I work it out on a 48 week year, so those months that have 5 weeks in or holidays make it a 3 or even 2 week month then the custy is either in credit or debit and this shows on the invoice each month.
Its like your gas or electricity if you on DD, you pays the same amount even tho usage varies thro the year.

Standing orders are easy to set up - done by the client. and by keeping it the same amount every month it helps the client budget - its a good selling point, used it many times.
Direct Debits I think are going to be more difficult for a small business as you have an input. DD can be varied each month so the custy always pays whats on the invoice.