IMPOSSIBLE FOODS SUPPLIERS INVOICING REQUIREMENTS

To ensure efficient processing and timely payment, please follow these invoicing guidelines. These procedures are designed to enhance our operational effectiveness and internal controls.

All invoices must be sent as PDF to [email protected] with the following information:

Header Information:

1. Title of the Document: Clearly label the document as an "Invoice" or “Credit Memo” at the top.

2. Invoice Number: Assign a unique identifier to each invoice for tracking and record-keeping purposes.

3. Invoice Date: The date the invoice is issued.

4. Due Date: The date the payment is due.

5. Payment Terms: Impossible Foods default payment terms are Net 60 days. May differ by contract.

6. Purchase Order Number: No PO, No Pay. PO# reference is required on invoices and credit memos to prevent processing delays, unless otherwise noted by your POC. 

   1. PO#s will start with 45 and is a total of 10 digits.

   2. For Non PO purchases, the Impossible Foods requestor name and e-mail address must be included. Any invoice that does not include these mandatory fields will be rejected.

Company Information:

1. Business Name: Company’s legal name for remittance

2. Business Address: Company’s full business address for remittance

3. Contact Information: Company’s email address, phone number, and website URL.

4. Remittance Details: Bank details for payment

Bill-To Information: (Should reference Impossible Foods Inc.)

1. Client Name: Impossible Foods Inc.

2. Client Address: 400 Saginaw Drive Redwood City, CA 94063

3. Contact Information: Your POC at Impossible Foods (name and email address)

4. Ship-To Information: Delivery address - Impossible Foods or other depending on the purchase.

Description of Goods/Services:

1. Itemized List: Provide a clear description of the products or services provided.

2. Quantity: The number of items or hours worked.

3. Unit Price: The price per item or hourly rate.

4. Subtotal: The total cost for each line item (quantity × unit price).

5. Other charges: Shipping, handling, miscellaneous charges where applicable

6. Taxable Amount

7. Tax Amount

8.  Invoice total and currency

   1. Currency must match that of the PO.

   2. If the invoiced unit price or quantity ordered is greater than the corresponding PO line item details, the invoice will be considered non-compliant and rejected.

Payment Details:

1. Accepted Payment Methods: Specify how the payment should be sent (e.g., ACH, wire, etc.)

2. Bank Details (if applicable): Include your bank account number, routing number, and SWIFT code for wire transfers.

3. Payment Instructions: Provide any specific instructions where applicable.

Other Key Notes: 

• From Nov 1, 2021 - No Handwritten Invoices or physically mailed invoices will be accepted. All invoices must be electronically generated and transmitted to [email protected].

Payment Process:

Once your invoice is submitted, it will be paid as per contract terms or otherwise established.

Payment Inquiries and statements can be sent to the Accounts Payable inbox: [email protected].  Please reference the invoice number, Purchase Order# and/or Requestor info (Non PO purchases).