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It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised.

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Q: What does 31 days nett payment mean?
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Continue Learning about Accounting

What is a calendar year?

I believe... 12 months. On the calendar there are 12 months, one year. A calendar year. a calendar year consists of 365 and a quarter days. it is divided into 12 months. there are 52 weeks in a calendar year each week has the following days - Sunday, monday, Tuesday, Wednesday, Thursday, Friday, Saturday. January - 31 days february - 28 days (29 in a leap year) march - 31 days April - 30 days may - 31 days June - 30 days July - 31 days august - 31 days September- 30 days october - 31 days November - 30 days December - 31 days


When the interest payment dates are March 1 and September 1 and notes are issued on July 1 the amount of interest expense to be accrued at December 31 of the year of issued would be for how long?

10 months


How many days in the second quarter?

Generly second quarter is start from 1st April to 30 June April - 30 + May 31 + June 30 ( 91 days in second quarter ) if wrong pls. correct me


What does Net 60days with 30 day invoicing mean?

Net 60 simply means that the balance is due in 60 days after the invoice date.The 30 day invoicing is a little more complicated, but still rather simple at the same time. It simply means that the invoice is done in 30 day increments regardless of how many days or in the month. Many times you think you have a bill due in one month, for example, say you get an invoice dated January 31st, and it's due NET30, many might think it's due the end of February, which has only 28 days in it, the bill would actually be due on March 2nd, 30 days after.The same holds true for months with 31 days in them, if the invoice is billed at the end of the previous month and the next month has 31 days in it, the invoice is due on the 30th, not the 31st.Basically you count the literal 30 days from the date of the invoice, so for Feb once you got to the 28th, you'd start with March 1st and so on.


When does pnc bank send 1099s?

I called today and they said the 1099s were mailed 1/31, but that they might take up to 10 days for customers to receive them.

Related questions

How many months of the year have only 31 days?

If by "only 31 days" you mean "exactly 31 days", then 7. If by "only 31 days" you mean "not more than 31 days" then all of them.


How many weeks in 221 days?

31 weeks and 4 days.31 weeks and 4 days.31 weeks and 4 days.31 weeks and 4 days.31 weeks and 4 days.31 weeks and 4 days.31 weeks and 4 days.31 weeks and 4 days.31 weeks and 4 days.31 weeks and 4 days.31 weeks and 4 days.


How long is July 28 to August 28?

1 month of 31 days.1 month of 31 days.1 month of 31 days.1 month of 31 days.1 month of 31 days.1 month of 31 days.1 month of 31 days.1 month of 31 days.1 month of 31 days.1 month of 31 days.1 month of 31 days.


What is the number of days for each month of 1999?

January had 31 days. February had 28 days. March had 31 days. April had 30 days. May had 31 days. June had 30 days. July had 31 days. August had 31 days. September had 30 days. October had 31 days. November had 30 days. December had 31 days.


How many days in each month of 2010?

In 2010: January had 31 days. February had 28 days. March had 31 days. April had 30 days. May had 31 days. June had 30 days. July had 31 days. August had 31 days. September had 30 days. October had 31 days. November had 30 days. December had 31 days.


How many days are in each month in 2009?

In 2009: January had 31 days. February had 28 days. March had 31 days. April had 30 days. May had 31 days. June had 30 days. July had 31 days. August had 31 days. September had 30 days. October had 31 days. November had 30 days. December had 31 days.


How many days in each month of 2008?

In 2008: January had 31 days. February had 29 days. March had 31 days. April had 30 days. May had 31 days. June had 30 days. July had 31 days. August had 31 days. September had 30 days. October had 31 days. November had 30 days. December had 31 days.


How many days are in each month of 2009?

For 2009: 31 days in January. 28 days in February. 31 days in March. 30 days in April. 31 days in May. 30 days in June. 31 days in July. 31 days in August. 30 days in September. 31 days in October. 30 days in November. 31 days in December.


How many days are in each month 2011?

In 2011: January had 31 days. February had 28 days. March had 31 days. April had 30 days. May had 31 days. June had 30 days. July had 31 days. August had 31 days. September had 30 days. October had 31 days. November had 30 days. December had 31 days.


How many days in each month for 2006?

For 2006: 31 days in January. 28 days in February. 31 days in March. 30 days in April. 31 days in May. 30 days in June. 31 days in July. 31 days in August. 30 days in September. 31 days in October. 30 days in November. 31 days in December.


How many days are in July?

There are 31 days in July every year. It doesn't matter if it is a leap year there will still be 31 days.


In the first 6 months of 2000 how many days were there?

31 days in January 29 days in February 31 days in March 30 days in April 31 days in May 30 days in June 31 + 29 + 31 + 30 + 31 + 30 = 182 days