Adding Interest to Invoices

almacmil

I overpaid a Project Manager recently (legit - the acounts weren't up to date). He has since refused to acknowledge or reply to any contact. I'm aware that interest can be added to invoices that exceed the agreed credit terms but can I add interest to the overpayment reclaim? His invoices were always paid on presentation, so no credit terms were ever offered or implied either way.

Bean_Counter

It depends I suppose on your contract terms & conditions, although by the sounds of it there aren't any.

Several website out there, try:

http://www.payontime.co.uk/calculator/statutory.html

almacmil

Ta BC. It was a verbal agreement .

I posted on DT first and got some interesting replies on "restitution".