Sales and Collection Cut Off

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For your reference:

1. Cut off is always the 1st working day of the following month.

2. All collections that will be deposited on the day of the cut off are considered SALES of the preceding month.

2. If the last day of the month falls on a Friday, holiday, weekend, cut off will be on the next working day of the following month. All collections that will be deposited on the day of the cut off are considered SALES of the preceding month.

3. If the Sales cut off falls on a Friday, all collections that will be deposited and picked up are considered SALES of the preceding month.

4. To consider as Sales, check payments deposited on the cut off day must be dated on the preceding month.

5. If there are changes on the Cut off policy, you will be informed immediately.