6.2 Payment Scheduling
(Last Modified on October 12, 2010)
ÖгöÉÙ¸¾ÊÓƵ institutions are expected to process payments to vendors in a timely manner. A good working relationship between the various vendors and the institution will benefit both parties. In addition to maintaining good business practices, the institutions are mandated by Executive Order of the Governor of the State of Georgia to pay invoices within thirty (30) days from the latter of:
- Invoice date
- Date the invoice is received by the institution
- Date goods and/or services are received by the institution