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2015 INSTITUTIONAL MEMBERSHIP Library and Information Association of South Africa PO Box 1598 Pretoria 0001 Tel: (012) 328-2010 Fax: (012) 323-1033 e-mail: membership Lisa.org.ZA http://www.liasa.org.za
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Payment commitment is commissioned by the party making the payment.
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The party who is receiving the payment is required to file the payment commitment.
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The payment commitment can be filled out by providing details about the payment schedule and terms agreed upon.
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The purpose of payment commitment is to ensure that both parties are aware of the payment terms and commitments.
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The payment commitment should include details such as payment amount, payment schedule, and any penalties for late payment.
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