These are the dates by which funds must be cleared to achieve payment of invoices between booksellers and publishers.
Clearance is the electronic movement of both payment information and money between booksellers and publishers. Authorisation dates are those dates by which cleared funds need to have been received by Batch for onward transmission to publishers.
Below are the list of authorisation deadline dates for Batch Payments. Authorisation and payment dates are displayed on the header of your Batch Payments account. Please take care to authorise only these transactions that you wish to pay.
If you miss the authorisation date, invoices which are due for payment will not be paid. Any invoices authorised after the authorisation date will not be processed until the next authorisation period.
If you would like more information about authorisation dates or the clearance of invoices, click to view the FAQs or complete the Contact Us form and one of our team will be in touch.
