# What does terms net 10 eom means?

# How do you ask for net 10 payment terms?

Putting "2% 10 net 30" after the amount on an invoice would indicate the buyer could take a 2% discount if paid in 10 days, and the full amount is expected in 30 days. See:… http://en.wikipedia.org/wiki/Net_30

# What does terms of Net on a contract mean?

Answer .
If you mean on a contract that you need to pay (invoice), it probably has something like 2/10 net 30. If this is what you are talking about it means that you can t…ake a 2% discount if it is paid within 10 days, otherwise the "net" amount is due in 30 days.

# What does net 60 eom mean?

It is a payment term, and usually means that the total amount will be paid 60 days after the end of the month in which the invoice is dated. For example, January dated invoice…s will be paid on April 1, and February invoices will be paid about April 29. As you can see, it is to the buyer's advantage to have this term, as it can have an effective range of 60 to 90 days to pay for the purchase.

# Net 10 eom?

The payment to the supplier is due in FULL 10 days after the end of the month of the invoice. If the invoice is issued January 15th . The payment in full is due February 10th.…

# What means Payment terms 30 days eom?

The phrase 30 days EOM stands for 30 days End of Month. A paymentterm that is granted as a 30 day EOM typically has a total of 45days for the length of the credit.

# What is 10 eom plus 60?

An invoice dated 4/21/10 with Net 10 EOM+60 Days will be due within 10 days of the end of month (5/10/10) with an additional 60 days after that. So the due date will be 5/10/1…0 plus 60....actual due date is 7/09/10.

# What does it mean for a customers invoice totaling 10500.00 if the payment terms are 10 percent 10 days net 30 days?

This is called as cash discount or settlement discount In your question this means that a 10% discount is available if the payment is made withing 10 days from the invoice da…te otherwise the whole amount 10500 is to be paid within 30 days from the invoice date.

# What does 30 days eom mean?

30 days eom

# What does net mean in accounting terms?

Net is the final figure after you've taken expenses off. For instance net wages is wages after tax and other deductions. Net interest is after tax is taken off. Net pro…fit is gross profit after overheads have been deducted.

# What does EOM Net 15th mean?

The total bill is due 15 days after month end

# What does net change mean in math terms?

when you are finished with everything what is the difference from where you started to when you ended

# What does EOM mean on an email?

End of Message

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# What does the word net mean in math terms?

A net is when you take a 3-d object apart that is the net.

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In Volleyball

# What does the term net foul mean in volleyball?

You hit the net while making a play on the volleyball.

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# What does Terms - Net mean on an invoice?

I understand that "Net 30" means "due in 30 days" (Net15 & Net60 mean due in 15 or 60 days, respectively, etc), but sometimes invoices simply say "NET" with no number. In my …accounting classes (25 years or so ago) I was taught that "NET" means "NET 30", so I have always assumed this to be the case. Recently a vendor demanded payment for an invoice with "NET" terms that was less about 2 weeks old. He contended that "NET" means "due immediately" Who's right?

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In Uncategorized

# What does the term net employment mean?

When speaking of "net new employment," it simply means the overall increase in employment. When an article or person refers to "net employment gains," it is the same meaning,… but said in a different way.

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# What does EOM net EOM mean?

EOM means "End of Month"