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December 21, 2024

Supplier Balances Due

Supplier Balances Due

Running a balance with any of your suppliers can get you into trouble if you do not stay on top of those payments., Just this week we were unable to make a purchase from one of our providers because of a balance due., The payment was processed through our local office but the check had not been cut at our corporate office., This left us in a pickle and made me wonder why there was a hold up on making the payment., There can be any number of legitimate reasons but it makes me wonder about solvency., What would you think?

 

Supplier Balances Due

Running a balance with any of your suppliers can get you into trouble if you do not stay on top of those payments. Just this week we were unable to make a purchase from one of our providers because of a balance due. The payment was processed through our local office, but the check had not been cut at our corporate office. This left us in a pickle and made me wonder why there was a hold up on making the payment. There can be any number of legitimate reasons, but it makes me wonder about solvency. What would you think?

Running a balance with any of your suppliers can get you into trouble if you do not stay on top of those payments. Just this week we were unable to make a purchase from one of our providers because of a balance due. The payment was processed through our local office, but the check had not been cut at our corporate office. This left us in a pickle and made me wonder why there was a hold up on making the payment. There can be any number of legitimate reasons, but it makes me wonder about solvency. What would you think?