net 30 MF
My guess is that it means the 30th day of the month following the invoice date.
dont know
stupud
Payment is due in 30 days with no discount
In my area they mean payment is due 30 or 60 days from invoice date, respectively. -- days net or -- days DOI meaning the same thing.
End of accumulation period of net 30 means you will be paid in 30 days. Many businesses use net 30 for payment 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.
stupud
Payment is due in 30 days with no discount
In my area they mean payment is due 30 or 60 days from invoice date, respectively. -- days net or -- days DOI meaning the same thing.
net 30 MF
End of accumulation period of net 30 means you will be paid in 30 days. Many businesses use net 30 for payment 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.
the payment is good 30 days that happens to fall on the 3rd day of the month
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.
Payable in 30 days
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?
Net 30th prox are payment terms such that all invoices for a given month are payable in one lump payment due 30 days after the end of the month of invoice
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised