3. Fee Types & Finance
3.2. Invoice Reassignment FAQs
FAQ’S
Q - Can I back date the Invoice Reassignment Agreement?
A – The agreement can only be started from the present day (it cannot be back dated).
Q – Will the Reassignment direct the entire Invoice charge to the Reassigned Party?
A – The charge will be made to the Reassigned Party from when the Reassignment Agreement has been Confirmed.
Example - In case if the Reassignment has been Confirmed mid-month, then the invoiced amount to the Reassigned Party will be from the date confirmed.
Q – In the Buyer Reassignment can the Reassigned Party be any member in the Chain?
A - No, the Reassigned party can only be the Buyer who purchases directly from the charged 1st Buyer for Coffee Participation Royalty/Program Fee.
Q – For how long is the Reassignment valid?
A – It is valid until the Agreement has been Withdrawn or Revoked
Q – Do I need to be licensed to have Invoice reassigned to me?
A – Buyer and Seller reassignments need to be done between Licensed members; Full reassignment can be managed towards a registered member as well.
Q – Is the Invoice Reassignment available for Tea or other Crops?
A – Currently it is only available for Pre-Merger UTZ Coffee Members.
In case if you have any further queries/questions please contact customersuccess@ra.org