Daycare.com Forum Kidacare by Minute Menu Force of Nature Disinfectant

Go Back   Daycare.com Forum > Main Category > Daycare Center and Family Home Forum

Daycare Center and Family Home Forum Daycare Center and Family Home owners, Directors, Operators and Assistants should post and ask questions here.

Reply
 
Thread Tools Display Modes
  #1  
Old 09-30-2017, 01:28 PM
Luke25's Avatar
Luke25 Luke25 is offline
Daycare.com Member
 
Join Date: Jun 2016
Location: Tennessee
Posts: 106
Default Payment Due Date Falling On Weekend

I do once a month payments and occasionally the due date falls on the weekend. It's sort of stressful since all of our bills are due on the 1st. What do you do when this happens? Do you expect payment early?
Reply With Quote
  #2  
Old 09-30-2017, 01:34 PM
finsup's Avatar
finsup finsup is offline
Daycare.com Member
 
Join Date: Jul 2013
Location: Maine
Posts: 1,034
Default

Quote:
Originally Posted by Luke25 View Post
I do once a month payments and occasionally the due date falls on the weekend. It's sort of stressful since all of our bills are due on the 1st. What do you do when this happens? Do you expect payment early?
I generally get weekly payments but sometimes for people paying to hold a spot, they will pay monthly. I set my payment due date for that to the first Monday of the month. But if you need payments by the 1st, you could change it to payments are due for the upcoming month on the last Friday of that month. Example being, the monthly payment for October would have been due Friday, September 29th. I wouldn't ask for it this time, but I would let parents know starting in October, this will be the new payment schedule.
Reply With Quote
  #3  
Old 09-30-2017, 02:40 PM
daycarediva's Avatar
daycarediva daycarediva is offline
Daycare.com Member
 
Join Date: Jul 2012
Posts: 11,461
Default

I offer a slight discount (5%) for monthly billing. I collect payments for the upcoming month on the last Friday. My parents that pay monthly paid me yesterday.
Reply With Quote
  #4  
Old 09-30-2017, 03:51 PM
LysesKids's Avatar
LysesKids LysesKids is offline
Daycare.com Member
 
Join Date: May 2014
Location: Tennessee
Posts: 2,837
Default

Quote:
Originally Posted by Luke25 View Post
I do once a month payments and occasionally the due date falls on the weekend. It's sort of stressful since all of our bills are due on the 1st. What do you do when this happens? Do you expect payment early?
I explain all payments are due no later than drop-off time the first of each month... when the first falls on a weekend, payments are due the Friday evening before; I was paid in full by all 4 families last night
Reply With Quote
  #5  
Old 09-30-2017, 07:19 PM
kendallina's Avatar
kendallina kendallina is online now
Advanced Daycare.com Member
 
Join Date: Jul 2010
Location: Ohio
Posts: 1,639
Default

I do monthly payments, due on the first of the month. All of my families are paid monthly (university employees.) I've never specified what to do if it falls on a weekend and I don't mind accepting payments on Monday. I had a few people pay me on Friday and the rest will on Monday.

BUT, my clientele is such that I do not have to worry about being paid (they're mostly professors). They're all professionals and they all pay, no worries.

If I had a more unpredictable clientele, then I would be more firm and payment would be due the Friday before (I would accept post-dated for the 1st).
Reply With Quote
  #6  
Old 10-02-2017, 07:01 AM
Meeko's Avatar
Meeko Meeko is online now
Advanced Daycare.com Member
 
Join Date: Mar 2011
Location: Utah
Posts: 4,223
Default

I have a few that pay monthly. Payment is due on the last Friday of the month in advance for the following month.
Reply With Quote
  #7  
Old 10-02-2017, 07:16 AM
Blackcat31's Avatar
Blackcat31 Blackcat31 is offline
 
Join Date: Oct 2010
Posts: 19,008
Default

Quote:
Originally Posted by Luke25 View Post
I do once a month payments and occasionally the due date falls on the weekend. It's sort of stressful since all of our bills are due on the 1st. What do you do when this happens? Do you expect payment early?
I would simply change my policy to say "Payment is due on the last business day of each month"

That way you are never having to worry about the 1st falling on a weekend and funds/payment not being available.
Reply With Quote
Reply

Tags
payment, payment - due date, payment - falls on weekend

Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Do You Offer Weekend Care? FirstFriends Daycare Center and Family Home Forum 18 08-03-2017 05:36 AM
Late Payment Question . . . and Hi, It's Been Awhile :-) spud912 Daycare Center and Family Home Forum 9 07-13-2017 03:22 PM
Part Time / Weekend Pay Question! Crunchymom04 Daycare Center and Family Home Forum 9 01-10-2017 09:31 AM
Please Critique Term/Late Payment Notice Letter Holiday Park Daycare Center and Family Home Forum 8 12-31-2012 05:30 AM
Another Non Payment WWYD Question... Holiday Park Daycare Center and Family Home Forum 15 12-29-2012 09:27 AM


All times are GMT -7. The time now is 10:04 PM.



Daycare.com         Find A Daycare         List Your Daycare         Toys & Products                 About Us

Daycare.com
Please read our Disclaimer before continuing.

Topics pertain mainly to the following States:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming