{"id":4682,"date":"2016-01-07T15:41:38","date_gmt":"2016-01-07T15:41:38","guid":{"rendered":"http:\/\/www.minerasancristobal.com\/v3\/en\/?page_id=4682"},"modified":"2016-10-20T17:03:02","modified_gmt":"2016-10-20T17:03:02","slug":"payment-terms","status":"publish","type":"page","link":"https:\/\/www.minerasancristobal.com\/v3\/en\/inicio\/suppliers\/payment-terms\/","title":{"rendered":"Payment Terms"},"content":{"rendered":"

[vc_row margin_bottom=”60px”][vc_column][vc_column_text text_style=”leader-text”]Payment Terms[\/vc_column_text][vc_column_text]<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Process until payment<\/td>\n<\/tr>\n
Concept<\/td>\nHours<\/td>\nDays<\/td>\nComments<\/td>\n<\/tr>\n
\n
\n
\n

Customs Agencies<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

24<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

1<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

Normal procedure<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n

\n
\n
\n

Urgent<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

48<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

2<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

Exceptional procedure to be coordinated through supervision<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n

\n
\n
\n

Deliveries to be Accounted For\u00a0(CRC)<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

–<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

7<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

Normal Procedure<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n

\n
\n
\n

Advance payments (Contracts, POs\u00a0or Others)<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

–<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

7<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

Normal Procedure<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n

\n
\n
Severance\/Five-Year Benefits<\/div>\n<\/div>\n<\/td>\n
\n
\n
\n

–<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

7<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

Normal Procedure<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n

\n
\n
\n

Rents<\/p>\n<\/div>\n<\/div>\n<\/td>\n

<\/td>\n\n
\n
\n

10<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

According to the Contract or 10 days – normal procedure<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n

\n
\n
\n

Pension Fund Contributions, Subsidies<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

–<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

10<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

Should be processed by the 15th of each month, payment by the 25th.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n

\n
\n
\n

Recurring Consultants<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

–<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

10<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

Coordinate with the CxP listed by Management<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n

\n
\n
\n

Scholarships, Allowances, Services for
\nrecurring payments<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

–<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

10<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

The expenses must be processed within the applicable month, by the 20th of each month so payment would be ready by the end of the month.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n

\n
\n
\n

Payment requests without contracts or Purchase Orders (miscellaneous)<\/p>\n<\/div>\n<\/div>\n<\/td>\n

<\/td>\n\n
\n
\n

15<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

Standard time – Exceptions through Supervision<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n

\n
\n
\n

Contracts and Purchase Orders<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

–<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

30<\/p>\n<\/div>\n<\/div>\n<\/td>\n

\n
\n
\n

Standard time<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Keep in mind: <\/strong><\/p>\n

– Deadlines run from the moment when CxP has all documentation required.<\/p>\n

1.- PO or Contract in the system<\/p>\n

2.- Acceptance of the service rendered or reception in JDE<\/p>\n

3.- Invoice and Pension Fund form, as applicable<\/p>\n

The invoices and correspondence sent to CxP come in only through the MSC reception The only way to send PAFs is through the automatic mail of the PAF form, which can be found in Sharepoint. Purchases of goods or services above USD 2,000 should be channeled through Procurement or Contracts The exceptional procedure for amounts above USD 2,000 through SDF is for \u201cemergencies\u201d and not for regular purchases[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"

[vc_row margin_bottom=”60px”][vc_column][vc_column_text text_style=”leader-text”]Payment Terms[\/vc_column_text][vc_column_text] Process until payment Concept Hours Days Comments Customs Agencies 24 1 Normal procedure Urgent 48 2 Exceptional procedure to be coordinated through supervision Deliveries to be Accounted For\u00a0(CRC) – 7 Normal Procedure Advance payments (Contracts, POs\u00a0or Others) – 7 Normal Procedure Severance\/Five-Year Benefits – 7 Normal Procedure Rents 10 According to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":4645,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-4682","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.minerasancristobal.com\/v3\/en\/wp-json\/wp\/v2\/pages\/4682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.minerasancristobal.com\/v3\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.minerasancristobal.com\/v3\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.minerasancristobal.com\/v3\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.minerasancristobal.com\/v3\/en\/wp-json\/wp\/v2\/comments?post=4682"}],"version-history":[{"count":11,"href":"https:\/\/www.minerasancristobal.com\/v3\/en\/wp-json\/wp\/v2\/pages\/4682\/revisions"}],"predecessor-version":[{"id":5191,"href":"https:\/\/www.minerasancristobal.com\/v3\/en\/wp-json\/wp\/v2\/pages\/4682\/revisions\/5191"}],"up":[{"embeddable":true,"href":"https:\/\/www.minerasancristobal.com\/v3\/en\/wp-json\/wp\/v2\/pages\/4645"}],"wp:attachment":[{"href":"https:\/\/www.minerasancristobal.com\/v3\/en\/wp-json\/wp\/v2\/media?parent=4682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}