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net 30 MF

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Wiki User

10y ago
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Anonymous

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3y ago

My guess is that it means the 30th day of the month following the invoice date.

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Anonymous

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3y ago

dont know

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Q: What does the payment terms net 30 MF mean?
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What does 2 percent 2nd 10th net 30 payment terms mean?

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What are terms for net 30 payment?

Payment is due in 30 days with no discount


What does payment terms of 30 days DOI 60 days net mean?

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What does the payment term Net 30 mean?

net 30 MF


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End of accumulation period of net 30 means you will be paid in 30 days. Many businesses use net 30 for payment terms.


What is 2 15th prox net 30 terms?

The term 2 15th prox net 30 terms is an accounting term indicating when payment is due. The payment for this would be that half is due on the 15th of the month and the balance due in 30 days.


What does it mean if they purchase 250.00 worth of supplies on the third day of the month and the terms are net 30?

the payment is good 30 days that happens to fall on the 3rd day of the month


What does net 15 payment terms mean?

Net 15 means that the balance is due in 15 days after the date of the invoice. Net 30 means that the balance is due in 30 days after the date of the invoice. The number after the net indicates the days after when the invoice was printed that the balance is due.


What does the mean of M30 payment terms?

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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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What does net monthly 30 day mean?

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