Kansas Sample Letter for Remittance of Late Fee
Description
How to fill out Sample Letter For Remittance Of Late Fee?
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FAQ
I request you to kindly consider my request and excuse us for the late payment of fees. I also request you to allow my son to continue to attend classes regularly. Looking forward to your response. Thank you for your time and kind consideration.
Dear [Name], Further to my previous correspondence, I am contacting you regarding late payment for invoice [Invoice Number]. The invoice was due on [Due Date], and payment is now overdue by [Number of Days Overdue]. Be advised that late payment interest may be applied if we do not receive payment within 30 days.
Our invoice terms are [X] days from the date of issue, and late fees of [X] percent may be applied. Given that the invoice is now 30 days overdue, an [X] percent fee has been added. You can find the updated invoice attached.
Invoice Payment Terms Example 1 (Fixed or Interest): Please note that as per our specified payment terms, all invoices must be paid in full within [30] days of receipt. Overdue balances are subject to a late payment fee as agreed in your contract.
Add Your Late Policy to Your Invoice Payment Terms ?Thank you for your business. Payment is due within 30 days. Please be aware that we will charge 1.5% interest per month on late invoices.?
Here are a few tips for invoice late fee wording. Use a professional template. ... Include a personal message. ... Provide clear payment instructions. ... Notify customers ahead of time. ... Add your late policy to your invoice payment terms. ... Include your late fee policy on new contracts. ... Send invoices promptly.
Late fee wording on an invoice: interest rate All payments must be met by the payment deadline listed on the invoice. Balances that are unpaid after the payment deadline are subject to a fee of [INTEREST RATE / FLAT RATE] on the owed amount every month, charged [DAILY / WEEKLY] until the balance is paid.
Upon the failure of Buyer to pay in full any installment due hereunder within five days of the due date for such installment, a late payment penalty of One Hundred Dollars ($100) (the "Late Payment Amount") shall immediately be charged to Buyer and Buyer shall pay the Late Payment Amount to Sellers within ten days of ...
