Payment Due Date Interest Penalty Discounts Today’s Date Payment Due Date FEB 28 DAYS APR JUN SEP NOV Billing Office Terms 30 DAYS Contract: + term days = Discount Payment Due Date Invoice Dated: (of invoice received or earlier date block) LATER DATE Received (In Billing Office): Terms: + 30 days = CAD Payment Due Date ROG + 7 = Receiving Report EARLIER DATE AOG (CAD or AOG) (if given) Interest Penalty Julian Date Daily Percentage Factor Interest Rate Principle Interest Amount ECPD: X = - PDD: = Days Late * Note - Add the total of the “Interest Amount” column (s) to the original amount of principle to get the payment amount. = Discounts Step 1: Principle X Discount % = Discount Amount Step 2: Principle - Discount Amount = Cost to Government PE 1
Payment Due Date Interest Penalty Discounts Today’s Date Payment Due Date FEB 28 DAYS APR JUN SEP NOV Billing Office Terms 30 DAYS Contract: + term days = Discount Payment Due Date Invoice Dated: (of invoice received or earlier date block) LATER DATE Received (In Billing Office): Terms: + 30 days = CAD Payment Due Date ROG + 7 = Receiving Report EARLIER DATE AOG (CAD or AOG) (if given) Interest Penalty Julian Date Daily Percentage Factor Interest Rate Principle Interest Amount ECPD: X = - PDD: = Days Late * Note - Add the total of the “Interest Amount” column (s) to the original amount of principle to get the payment amount. = Discounts Step 1: Principle X Discount % = Discount Amount Step 2: Principle - Discount Amount = Cost to Government PE 1
Payment Due Date Interest Penalty Discounts Today’s Date Payment Due Date FEB 28 DAYS APR JUN SEP NOV Billing Office Terms 30 DAYS Contract: + term days = Discount Payment Due Date Invoice Dated: (of invoice received or earlier date block) LATER DATE Received (In Billing Office): Terms: + 30 days = CAD Payment Due Date ROG + 7 = Receiving Report EARLIER DATE AOG (CAD or AOG) (if given) Interest Penalty Julian Date Daily Percentage Factor Interest Rate Principle Interest Amount ECPD: X = - PDD: = Days Late * Note - Add the total of the “Interest Amount” column (s) to the original amount of principle to get the payment amount. = Discounts Step 1: Principle X Discount % = Discount Amount Step 2: Principle - Discount Amount = Cost to Government PE 1