1. Payments are made based on the structure of the Purchasing Document (Purchase
Order or Scheduling Agreement). If the Purchasing Document is set up as a 3
way match, we must receive the material before the invoice will be paid. Due
to specific business situations the Purchasing Document may be set up as a 2
way match (IV only or LPA), in those circumstances we will pay before receipt
of the material.
2. Payment terms of paper invoices are based on the date of receipt of invoice
or date of goods receipt, whichever comes later.
3. Payment for EDI invoices are calculated base on the date of receipt.
4. Payment made by EFT are calculated based on the date of receipt.
5. Payment terms for paper invoices are pulled from the SAP Purchasing Document
(either Purchase Order or Scheduling Agreement).
6. Payment terms for EDI invoices are attached to the vendor remit code.
7. If an invoice due date falls on a weekend or holiday, invoices are paid
on the following workday.
8. If an invoice is deleted or returned for missing or incorrect data, the
terms will be calculated based on the receipt date of the corrected invoice
9. Functional Acknowledgments, for EDI invoices, must be checked daily to ensure
complete transmissions.
10. P&G's standard invoice payment terms are Net 45 unless otherwise separately agreed. Should this policy conflict with any local laws, P&G will comply with the local legal requirements. Please discuss the terms applicable to your specific situation with your primary P&G contact.
 |
(source - tradepartners.gov.uk) |
 |
These are generally between 60 and 90 days. |
 |
There are no "standard" payment terms.
Generally companies in France use terms such as "60 days end of month",
i.e. a company delivering and invoicing in early June will usually be
paid at the end of August. Mail order sector buyers prefer "30 days
end of month" in return for a discount of 2.75- 3%. Buyers in the
industrial sector may request as much as 120 days credit. |
 |
There are no hard and fast rules & requests for
payment vary from immediate to up to 30 days. Discount for payment within
this period is sometimes offered, 3% being the norm, but higher discounts
are negotiable.
It is generally accepted that customers settle payments
within 30 days but German companies might expect discounts between 2%
- 3% for payment within ten days (Skonto). Large buying groups often have
even more demanding payment terms. |
 |
Although there will be companies who manage to secure
payment in 60 days or less the period of credit offered by a supplier
to a customer tends to be amongst the highest in Europe, anything from
90 to 120 days. |
 |
Normal terms of payment apply and vary, according
to the class of goods and the financial standing of the buyer. Credit
is given, depending on the reliability of the buyer; 30, 60 and 90 days
are fairly common (or even longer for certain classes of goods). Letters
of Credit are widely used, & Moroccan buyers will try to negotiate
payment against documents or even straightforward credit arrangements
of 30 or 45 days. |
 |
Standard Payment terms vary.& payment on delivery
is quite common particulary on new accounts. Buyers will accept a discount
of between 2%-3% where payment is 30 days net. Otherwise payment terms
are either 30-90 days from the date of the invoice. |
 |
These are generally 30 days or 30 days net month-end,
but longer periods are also commonly found. |
|
