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Does a 30-day Payment Due Date apply even if there is a dispute with a vendor about a shipment?

April 26, 2017dispute payment shipment vendor

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Does a 30-day Payment Due Date apply even if there is a dispute with a vendor about a shipment?

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No interest will accrue while the dispute is being resolved. However, the vendor must be notified within 21 days of receipt of the invoice that there is a problem with the shipment or invoice. If the dispute is resolved in favor of the vendor, interest will be applied from the original due date.