Michelin funds are now “Use it or Lose it”. Funds are eligible from Jan 1-Dec 31 of the year they’re in as well as January 1-31 of the next year.

Ex: Invoices from February 2023 can not be used for 2022 funds, but January 2023 invoices may.

Paid invoices from December can be submitted within the first couple of months but must fall within the requirements to in the BDF guidelines to qualify. If a new account signs up in December, that account MUST be live before Jan 31st to be able to claim the previous year’s funds for that invoice.

MICHELIN DOES NOT ALLOW PREPAY.

This means that new dealers signing up at the end of a year cannot prepay into the next year to try to use up their current year’s funds through more than Jan 31st.

All of our submission schedules for our clients ensure that we follow all the submission timeline requirements for Michelin. If you have a question on invoices and their timelines, please reach out to the Co-Op Processor before confirming with your dealers. We always want to try to make sure we’re giving our dealers accurate information. Not only does it protect our relationship with Michelin, but it also protects our dealers as well.