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solomon
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Does net 30 days mean within 30 days of invoice date or 30 after receipt of invoice?
It means 30 days after the date the invoice is received.
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 Net tenth mean?
Net 10 means within 10 days of the date of invoice.
What does payment terms of 30 days DOI 60 days net mean?
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.
Does 30 days net mean from date of invoice or from end of month in which invoice is issued?
It means 30 days after the date the invoice is received.The balance due on your bill. In other words, your entire bill must be paid within 30 days.
Does net 30 days mean within 30 days of invoice date or 30 after receipt of invoice?
It means 30 days after the date the invoice is received.
What does net 15 term 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 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 Net tenth mean?
Net 10 means within 10 days of the date of invoice.
What does Net Due Upon Receipt mean?
This means the bill is due immediately from the date of invoice. It is best to pay the invoice/statement/bill within a couple of weeks from the date issued and best not to go over 30 days.
What do you mean by net 90?
The term net 90 refers to an invoice or bill that is more than 90 days past due.
What does payment terms of 30 days DOI 60 days net mean?
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.
Does 30 days net mean from date of invoice or from end of month in which invoice is issued?
It means 30 days after the date the invoice is received.The balance due on your bill. In other words, your entire bill must be paid within 30 days.
What does the payment terms 210 n60 mean?
2/10 net 60 means there is a 2% discount available if the invoice is paid within 10 days (that's the 2/10). If the invoice is not paid within the discount period, the entire invoice is due in 60 days from the invoice date.
What does net 60 mean for payment?
Payment terms on an invoice are written in the form "x/y net z", where x is the percentage discount taken if the invoice is paid in y days, or else the entire balance is due in z days. For example, if the terms are 2/10 net 30, the customer may take a 2% discount if he/she pays the invoice within 10 days, or else has to pay the whole amount due in 30 days. When no discount is offered, the payment terms can be written simply only as "net z". Thus, net 60 means that the invoice must be paid in 60 days. There are no discounts offered for paying early.
What does extra 30 mean when the terms are 2 slash10 net 30 extra 30?
2/10, net 30, extra 30 means that the payment should be made in 30 days in 30 days after the invoice date, if it is paid in 10 days after the invoice date plus 30 days, the buyer can get a discount rate 2%.
What does terms of Net on a contract mean?
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 take a 2% discount if it is paid within 10 days, otherwise the "net" amount is due in 30 days.
