SPS SharePoint HubThe University’s payment terms are as follows – note, payment terms are listed in order of Queen’s preference:
Term: Net 0 -7 days from invoice approval
Note, a merchant account is required to accept VPA. The university considers merchant fees a cost of business. The expectation is this fee is not charged back to Queen's for suppliers to accept VPA as a payment method. Benefits of accepting VPA on an accelerated payment term are available on our website.
Term: Net 60 days from invoice date
Term: Net 60 days from invoice date
Term: Net 60 days from invoice date
Term: Net 60 days from invoice date
If you have questions regarding payment terms, please contact:
Nicki Mundell
Manager, Procurement Systems
Email: nicole.mundell@queensu.ca | Phone (613) 533-6000 ext. 75537