Page 39 - Gulf Coast Division - Training Manual 5 -18

PAGE NUMBER
Ben E. Keith Company POLICIES/PROCEDURES DOCUMENT NUMBER
7 of 8
501
DATE ISSUED
SECTION: 5.0 CREDIT 11/1/2005
SUBJECT: CREDIT POLICY ORIGINATING DEPARTMENT
CORPORATE

8.3 Customer’s payments are required to be deposited on a daily basis. Holding a
customer’s check/payment in order to delay the deposit of the check/payment, even
at a customer’s request, is a cause for termination.

8.4 A payment from a customer must be posted as the customer has specified and
posted only to the customer’s account. Falsifying or changing the remittance on a
customer’s payment will result in termination.

8.5 Customers checks must be made payable to Ben E. Keith Company, Ben E. Keith
Foods, or Winn Meat Company, not a DSR, DSM, or any other Ben E. Keith
employee. Do not accept a check payable to anyone but Ben E. Keith Company,
Ben E. Keith Foods, or Winn Meat Company.

8.6 A customer’s account number is only to be used for sales to that customer. Using
one customer’s account number to ship an order to a different customer is a cause
for termination.

8.7 The credit status changes outlined in this policy are mandatory and automatic.
Individual exceptions cannot be made without a written request, from the salesperson
approved by the Branch Credit Manager, the Branch General Manager and
Corporate Vice President of Credit.

REVISION DATE OF LATEST REVISION SUPERSEDES ISSUE DATED
07/01/2015 07/01/2015 07/01/2014
APPLIES TO
Entire Company Food Division Only Beer Division Only Other (see text)