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Payment due 30 days EOM?

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30 Days EOM is a payment for goods that is due 30days from the END OF the MONTH (EOM) that the goods were invoiced in. Let's say you have a 30 day EOM account with Goodyear tyres. You purchase goods from them in the month of January. According to 30 day EOM terms, payment for these goods will be due on the last day of the FOLLOWING month, which will be the end of February.
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