Tuition is due on Friday by noon for the upcoming week. If they forget the check on Friday morning then they either have to bring a check over by noon or they have to pay in cash at pick up. We only do one run to the bank Friday after lunch. They pay in advance for the upcoming week.
I don't have late fees for payments in my policies. If they don't have the money to me on Friday by check by noon or by cash by pick up they will be terminated. I don't chase them for money. I don't like money conversations so I make it clear what we expect for them to attend the day care. I don't have any problems with late payments. Most of my clients do wire transfers on Wednesday or Thursday so it clears my bank by Friday at noon. I only have one that pays by check so I cash them when I am out and about so I don't have to make a special trip for it.
I don't have late fees for payments in my policies. If they don't have the money to me on Friday by check by noon or by cash by pick up they will be terminated. I don't chase them for money. I don't like money conversations so I make it clear what we expect for them to attend the day care. I don't have any problems with late payments. Most of my clients do wire transfers on Wednesday or Thursday so it clears my bank by Friday at noon. I only have one that pays by check so I cash them when I am out and about so I don't have to make a special trip for it.
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