I have a business to business company in florida, offering a membership for services to small businesses all over the country. My company makes a third party recorded phone contract with the companies that want to join and that contract clearly states how much is the fee that thay agree to be ACH-d from their bank account.
Recently my accountant discovered some accounts that were never charged due to a computer mistake. Some more than 6 months old.
So, my question is... Is there a limitation on how long after the contract was made may I charge these customers for the fee they have committed to in their contract?
Please help.
Recently my accountant discovered some accounts that were never charged due to a computer mistake. Some more than 6 months old.
So, my question is... Is there a limitation on how long after the contract was made may I charge these customers for the fee they have committed to in their contract?
Please help.