ABF Freight System, Inc. - Credit & Collection

BILL PRESENTATION

ABF provides a clear and concise invoice which displays:

	All applicable charges and discounts.
	The date on which payment is due.
	Applicable remittance address.

Customers with multiple shipping and receiving facilities may request centralized control of their billing function. This provides those customers with uniform bill presentation and single-source contact for billing inquiry.

ABF offers the flexibility of invoice presentation and payment in an EDI environment.

PAYMENT APPLICATION
	ABF uses a real time, on-line cash entry system which records payment application on the date of receipt. This provides our customers with an up-to-date payment file.
	ABF accepts remittance advice via EDI 820 transmission.
	Unidentified payments will not be posted until our customer has been called to determine the correct freight bill application.
	Checks which contain duplicate payments are returned rather than deposited.
	ABF automatically refunds amounts received for unidentified, duplicate or in-error payments.

CREDIT PERIOD
	Credit period is 15 days from bill date on prepaid, from delivery date on collect once credit is established.
	Prior to extending credit, ABF will determine the ability and willingness of our customer to pay bills on time.