We do the next business day, if received after cut off. Traditionally our cut off has been EOD (normally 5PM) but we are looking at possibly moving that to a 4PM cut off to allow processing same day. Our theory here, if we don't check the mail (once in a blue moon an invoice arrives via mail) until the next day then we haven't received it until then so the clock would start there too as there is no time stamp or receipt like in email.
One thing to also consider is how your provider starts their own clock, we are finding a lot of carriers start the clock when they pickup up a load and or create the invoice but then hold on to the invoice to be sent for several days or more after delivery. We are still working out how we want to handle this issue when it comes to invoices from carriers / vendors.
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Alex Sikes ELDP
President
A Plus Warehousing and Logistics LLC
Bloomingdale GA
ELDP
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Original Message:
Sent: 04-02-2025 12:25
From: Mitchell Lewis
Subject: How to treat carrier invoices received after hours and weekend?
I am hoping to understand how others handle net 30 pay terms when you receive a carrier invoice after hours, over the weekend, or over a holiday. Do you start the net 30 clock on the next business day or always on the day that the invoice was received? We have traditionally started on the day of receipt but I have spoken with others who start on the next business day.
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Mitchell Lewis CTB
President
Fetch Freight, LLC
Birmingham AL
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