VENDOR PAYMENT SCHEDULE
Prepared by: [Your Company Name]
I. Introduction
This Vendor Payment Schedule outlines the details of payments to vendors for [YOUR COMPANY NAME] as managed by the Finance Department. It ensures timely and accurate disbursement of funds to maintain strong vendor relationships and operational efficiency.
II. Vendor Information
Vendor Name | Address | Contact Person | Contact Number |
|---|
Acme Supplies Inc. | 123 Main Street, USA | John Smith | (555) 123-4567 |
Best Electronics Ltd. | 456 Oak Avenue, USA | Jane Doe | (555) 987-6543 |
Quality Services LLC | 789 Elm Road, USA | Michael Johnson | (555) 555-1212 |
Green Solutions Co. | 321 Pine Lane, USA | Sarah Brown | (555) 456-7890 |
Reliable Parts Supply | 567 Maple Street, USA | David Lee | (555) 789-0123 |
III. Payment Amount
Vendor Name | Payment Amount ($) |
|---|
Acme Supplies Inc. | $5,000 |
Best Electronics Ltd. | $8,200 |
Quality Services LLC | $3,500 |
Green Solutions Co. | $6,000 |
Reliable Parts Supply | $4,800 |
IV. Invoice Details
Vendor Name | Invoice Number | Invoice Date | Amount ($) |
|---|
Acme Supplies Inc. | INV-20240101 | 2024-01-01 | $5,000 |
Best Electronics Ltd. | INV-20240115 | 2024-01-15 | $8,200 |
Quality Services LLC | INV-20240201 | 2024-02-01 | $3,500 |
Green Solutions Co. | INV-20240215 | 2024-02-15 | $6,000 |
Reliable Parts Supply | INV-20240301 | 2024-03-01 | $4,800 |
V. Terms and Conditions
Vendor Name | Payment Terms | Discounts (%) | Payment Penalty ($) |
|---|
Acme Supplies Inc. | Net 30 days | 2% if paid within 10 days | $50 |
Best Electronics Ltd. | Net 45 days | 3% if paid within 15 days | $75 |
Quality Services LLC | Net 60 days | 1% if paid within 20 days | $100 |
Green Solutions Co. | Net 30 days | 2% if paid within 10 days | $50 |
Reliable Parts Supply | Net 45 days | 2% if paid within 15 days | $75 |
This template now uses placeholders for [YOUR COMPANY NAME] and ensures all content within brackets is in bold format as per your instructions.
Schedule Template @ Template.net
