Hi all,
Can anyone advise if there is a law preventing offering discount to one customer as opposed to another.
My main problem is that some customers are taking discount for early payment but in actual fact are going over 30 day terms significantly some as much as 60 days but deduct the discount as amatter of course.
This has being going on for years but I didn't want to rock the boat.
Now Cashflow is hurting so I want to stop them taking 3% from my bottom line.
I was hoping to "Hide" behind legislation and say that they were at an unfair advantage over other customers.
Anyone experience something similar?
Can anyone advise if there is a law preventing offering discount to one customer as opposed to another.
My main problem is that some customers are taking discount for early payment but in actual fact are going over 30 day terms significantly some as much as 60 days but deduct the discount as amatter of course.
This has being going on for years but I didn't want to rock the boat.
Now Cashflow is hurting so I want to stop them taking 3% from my bottom line.
I was hoping to "Hide" behind legislation and say that they were at an unfair advantage over other customers.
Anyone experience something similar?