Suppliers providing goods and services to the University of California Berkeley are expected to transact invoices and payments with us electronically. We have standardized the channels through which we receive invoices and issue payments and the extent to which suppliers support electronic transactions directly impacts payment terms.
Effective September 15, 2018 the following payment terms will be implemented on all new supplier records.
Preferred Electronic |
Traditional Electronic |
Exceptional Manual Combo |
Exceptional Manual |
|
Invoice Acceptance |
Catalog suppliers: cXML Non-catalog suppliers: Transcepta |
Catalog suppliers: cXML Non-catalog Suppliers: Transcepta |
Combination of electronic and paper |
Paper via mail PDF via email |
Payment Method |
Payment Plus | Electronic Funds Transfer (EFT) International Wire Transfer |
Combination of electronic and paper | Paper check |
Payment Terms |
Net 0 upon final approval |
Net 30, or if agreed to early early payment discount: 4% 5, Net 30 |
Net 60 | Net 90 |