Group & Industry News
15

Independent Stationers Accounting Department has received the 2017 Anticipation Terms for At-A-Glance and Rediform-Proforma.   Place your orders now for 2017 calendars and enjoy the advantage of discounts! The program will work the same as it has in years past:

AAG 5.5% 2/27/16
AAG 5% 3/10/16
AAG 4.5% 4/10/16
AAG 4% 5/10/16
AAG 3.5% 6/10/16
AAG 3% 7/10/16
AAG 2.5% 8/10/16
AAG 2% 9/10/16
AAG 1.5% 10/10/16
AAG 1% 11/10/16
NET 12/1/16

Payment Terms (as specified in the Mead Westvaco Volume Dealer Terms & Conditions)

  • ALL Stock Orders and
  • Reorders received before 8/1  (Excludes Academic Year Merchandise)
  • 1% 11/10, Net 12/1

 

NOTE:  For those Customers who wish to further discount their bills, they may anticipate at the rate of 1/2% per month preceding 11/10.  Anticipation discounts may be taken from acknowledgements or actual invoices.
 
 IS and Member procedures for 2017 calendar orders
At A Glance Order Confirmations for 2017 calendars will be sent directly to IS VIA EMAIL.
 
As IS receives the order confirmations, it will enter the confirmation as an invoice to the Member's account.  Payment terms are in the system to adjust the discount on the ACH statement according to the schedule noted above.  Members may pay the invoice and take the discount as it appears on the ACH.

Rediform – Proforma

RED 4% 4/10/16
RED 2% 7/31/16
RED 1.5% 8/31/16
RED 1% 9/30/16
NET 10/31/16

Please contact Joyce Grimes or Kimberly Wells with any questions, grimes@independentstationers.coop, 317-579-1104, or wells@independentstationers.coop, 317-579-1143.