Knowledge center

A collection of interesting articles with many tips and tricks.

What is invoice fraud and how do I protect myself against it?

What is invoice fraud and how do I protect myself against it?

Invoice fraud. Ever heard of it? Besides phishing, it is a common form of fraud. In this case, a swindler replaces your supplier’s account number with their own account number. Your supplier has not been paid because fraudsters have made off with your money.
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What is a collection strategy?

What is a collection strategy?

The recovery, or collection, strategy is the way in which a company or institution organises the collection of payments.
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What about VAT and corporation tax with unpaid invoices?

What about VAT and corporation tax with unpaid invoices?

Every company comes across unpaid invoices from time to time. You have sent the invoice to your customer, with good general conditions, correctly and on time. Well done! But unfortunately, this does not guarantee (correct) payment. The payment is in the hands of your customer. Once you have sent the invoice, it is in your accounts and will be included in the VAT statement. It can therefore happen that you pay VAT and even taxes for an invoice that has not yet been paid by your customer.
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Incassobureau of Unpaid: wat is eigenlijk het verschil?

Collection agency or Unpaid: What's the difference?

Do you think of a collection agency as your solution to resolving unpaid invoices? Sometimes a collection agency does, indeed, offer the answer to your problem. However, it is important to consider how you want to tackle the defaulter. Unpaid's IOS procedure could be a valuable alternative for you.
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Notice of default: what, why, and how?

Notice of default: what, why, and how?

Has your customer still not paid your invoice? Has there been no response to previous reminders? Then it is time for a notice of default. In this article, we explain exactly what this is and how you can send one yourself.
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Can an invoice become time-barred after only six months?

Can an invoice become time-barred after only six months?

And if you have drawn up the invoice, it means that you cannot enforce payment after that period. The bottom line is to make sure you know the legal limitation period for your invoices. That way you can collect them before it is too late.
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What is the difference between an amicable and a judicial debt collection?

What is the difference between an amicable and a judicial debt collection?

Do you have unpaid invoices? A legal debt collection procedure is not always necessary. Before going to court, you can start an amicable collection procedure. What is the difference between the two? We will explain it to you in this article.
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Interrupt the prescription period

Avoid the prescription of invoices. Interrupt the prescription period.

What does the interruption of a limitation period mean, and what are the benefits of applying it? Interruption is the way to prevent an invoice from expiring. How does it work? We will explain it to you!
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What is retention of title?

What is retention of title?

When exactly does your customer become the owner of the goods you deliver? Is the client the owner from the moment of delivery, or not? The principle of 'retention of title' plays an important role here. In this article, we explain what it is and how to apply it.
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I made a mistake on my invoice. Now what?

I made a mistake on my invoice. Now what?

Your work is done! Your product has been delivered; your service has been carried out. You click on 'send', and off goes your invoice. That is always satisfying. But—oops—there appears to be an error on your invoice. And whoever notices this, you or your customer, you want to correct it as soon as possible. In this article, you will learn how to elegantly correct errors on invoices.
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In which language should I draw up my invoices?

In which language should I draw up my invoices?

Suppose that I, as a Belgian company, have a non-Dutch-speaking customer. In which language should I draw up my invoice? At first sight, the answer may seem logical. To Dutch-speaking customers, you need to send an invoice in Dutch; to French-speaking customers, you need to send an invoice in French, and to other international customers, you need to send the English version. But, legally speaking, things work differently. We will explain it to you!
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betwist niet zomaar een factuur

Dispute an invoice? Think twice.

How quickly do you take the step of disputing an invoice with which you do not agree? As an entrepreneur certainly you should not let people walk all over you. But it is better not to dispute an invoice without thinking carefully, because such an action could cost you a lot of money. In this article, we explain how it works.
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What is the difference between a VAT number and a company number?

What is the difference between a VAT number and a company number?

Do you have a business or are you self-employed? Then you have a VAT number and a company number. But what is the difference between the two? We create clarity in the confusion!
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payment plan

Collecting debts with a repayment plan: the pros and cons

Picture the scene: You have received good news from your client; he is about to pay his unpaid invoices. But there is a catch. Your customer does not want to pay the whole invoice in one go, but, instead, suggests a repayment plan. Can you or can’t you live with the customer paying in instalments? Here, we list the pros and cons of a repayment plan, and help you decide.
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De IOS-procedure: snel en goedkoop onbetwiste schulden innen

The RUD procedure: recovering undisputed debts quickly and cheaply

The RUD procedure, or procedure for the recovery of undisputed debts, was created by the Belgian legislator in July 2016. It is known as a faster, more efficient, and cheaper way to recover unpaid invoices from companies. What are the advantages of this legislation for you? We list them below for you.
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