Payment arrangements can be a successful tool for getting your invoice paid, especially when your debtor is having some financial difficulties. When the original payment arrangement is not fulfilled, e.g. payment within 14 days after receipt of invoice, you can agree with your debtor that the outstanding amount will be paid in parts. How much and how many installments are to be paid will be stipulated. Agreements are also made for the interest to be paid.
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- Payment Arrangements