Cash Asleep in the Building · Chapter Three

The Invoice Nobody Could Pay

The late payment is usually the customer’s quality check, catching a fault made several desks upstream.

Ammanuel Santa Anna · ORCID 0009-0008-3244-0306

Chapter Three of Cash Asleep in the Building: Working Capital as an Organisational Question.

Abstract

The late payment is usually the customer’s quality check, catching a fault made several desks upstream. It is ten past nine on a Tuesday, and the credit controller is on her third call of the morning. The invoice on her screen is seventy-four days old, for a set of stainless-steel prep tables delivered to the central kitchen of a group of care homes. Its terms were thirty days. She has emailed twice and left one message. This time a person answers, in the customer's accounts-payable office, and is perfectly pleasant. That one's on hold, he says. It's been on hold since it came in. The purchase-order number doesn't match, and the delivery note says eleven tables, and the invoice says twelve. There is a pause while he scrolls. We sent a query. Did nobody get it?

Cite this chapter

Santa Anna, A. (2026). The Invoice Nobody Could Pay. In Cash Asleep in the Building. Luminous Prosperity Inc. https://doi.org/10.5281/zenodo.23989323

@incollection{santaanna2026cash3,
  author    = {Santa Anna, Ammanuel},
  title     = {The Invoice Nobody Could Pay},
  booktitle = {Cash Asleep in the Building},
  chapter   = {3},
  publisher = {Luminous Prosperity Inc.},
  year      = {2026},
  doi       = {10.5281/zenodo.23989323},
  url       = {https://business.hautelumiere.life/library/cash-asleep-in-the-building/03-the-invoice-nobody-could-pay/}
}

References

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  5. Oyer, P. (1998). Fiscal year ends and nonlinear incentive contracts: The effect on business seasonality. The Quarterly Journal of Economics, 113(1), 149–185. https://doi.org/10.1162/003355398555559
  6. Larkin, I. (2014). The cost of high-powered incentives: Employee gaming in enterprise software sales. Journal of Labor Economics, 32(2), 199–227. https://doi.org/10.1086/673371

Every chapter of Cash Asleep in the Building

  1. Chapter OneProfitable on Paper, Short on Fridaydoi:10.5281/zenodo.23989321
  2. Chapter TwoWhat the Stockroom Is Afraid Ofdoi:10.5281/zenodo.23989322
  3. Chapter ThreeThe Invoice Nobody Could Paydoi:10.5281/zenodo.23989323
  4. Chapter FourNinety Days Is Somebody's Payrolldoi:10.5281/zenodo.23989324
  5. Chapter FiveThe Payment Run Held Until Mondaydoi:10.5281/zenodo.23989325
  6. Chapter SixThe First Ninety Daysdoi:10.5281/zenodo.23989326
  7. Chapter SevenThe Field Manualdoi:10.5281/zenodo.23989327

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The licence

Free to read, share, quote, translate and teach, non-commercially, for ever, under the Luminous Library Licence 1.0. Every other right is the Author’s. Deposited on Zenodo in the Luminous Prosperity community.