UPS reporting

[liquidone]

Does anyone know more about how UPS reports ? They send these damn invoices every week and I often fall behind because I dont write checks every week. Will I shoot myself in the foot by going through the motions of getting a duns number and trying to procure the mentioned accounts if UPS is reporting me as late ?

[horsedr]

PAYDEX® Score Key

Use this key to help you interpret the D&B PAYDEX Score.

 

 

 

Here is information regarding the PayDex scoring system at D&B. I believe a score of up to 80 equals payments 0-15 days beyond terms. ( I read this on another page @ D & B. ) So I am guessing a 79 means you pay slightly late a 71 means you pay close to 15 days beyond terms. I may be wrong.

 

It all depends on how UPS reports. What are the terms of the invoice? Read them, they may be 30 day net, 10 day net, or payable upon receipt.

 

Key to the D&B PAYDEX® Score

PAYDEX

Payment

100 Anticipate

90 Discount

80 Prompt

70 15 Days Beyond Terms

60 22 Days Beyond Terms

50 30 Days Beyond Terms

40 60 Days Beyond Terms

20 90 Days Beyond Terms

20 120 Days Beyond Terms

UN Unavailable

[bboy777]

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