Posted on | November 1, 2012
Written by | BevNetwork
Per Metro Package Store Association:
Due to the large volume of reports regarding wholesalers and retailers being unable to properly conduct their business affairs due to the effects of Hurricane Sandy the SLA will employ discretion in delinquent (“C.O.D.”) list cases as follows:
· Retailers will have an additional 5 business days to tender payment for liquor and wine invoices featuring delivery dates of September 27th, 28th, 29th, 30th and October 1st, 2nd, and 3rd, thus making the new final payment dates for them November 5th (for deliveries made on September 27th, 28th, and 29th) and November 7th (for deliveries made on September 30th and October 1st, 2nd and 3rd), respectively.
· Likewise, delinquent (C.O.D.) list reporting for wholesalers will be pushed back an additional 5 business days so that invoices with final payment dates of November 5th and November 7th will now have a C.O.D. list notification date of November 15th.
Additionally, due to the effects of Hurricane Sandy and in an effort to allow sufficient time for processing, the certification deadline for posting of prices to the December wine-to-retail and liquor-to-retail schedules has been extended from November 5th to November 9th. Neither the price posting viewing date (November 15th) nor the amendment period dates (November 16th through 20th) will be impacted by this extension.