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It means you can meet your deadline on the 1, 2, 3, 4, 5, 6, 7, 8, 9, and 10 day, But on the 11 day you have passed the time.
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What does Net tenth mean?
Net 10 means within 10 days of the date of invoice.
What does 2 10 n 30 terms mean?
Looks like a business account where you get 2% discount if paid within 10 days and it due in full within 30 days.
When you move the law requires you to give your new address to DMV within how many days?
You must obtain a new license showing your new address within 10 days of moving in Florida.
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 210 net 30 mean?
20% discount off the invoiced amount if paid within 10 days, otherwise pay the full invoiced amount within 30 days. It's a nice way to give your customers a discount for paying within 10 days, while speeding up the process of getting your money. A win/win.
Does within 60 days mean before or after a certain date?
Before certain date. For example consider the certain date as 5/10/2013, 60 days before 5/10/2013.
What does within 7 days mean?
In seven days something will happen
What is within 14 days?
This means 2 weeks or 10 business days.
Net 30 days means that payment is expected within 30 days after invoice issue date so would it be correct to state Net 10 days if payment is expected within 10 days?
Yes, unless there are other stipulations stated, then it is safe to assume that net 10 days, means the balance is due 10 days after date of invoice.there are a few other ways companies may state this on the invoice.2n10 net 30or2 percent in 10 days net 30both mean, if the account is paid in 10 days, the customer is given a 2% discount, if they do not pay the balance is due in 30 days.
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.
What does it mean If the payment terms for a customer's invoice totaling 10500.00 are 10 10 Days Net 30 Days?
This is called as cash discount or settlement discountIn your question this means that a 10% discount is available if the payment is made withing 10 days from the invoice date otherwise the whole amount 10500 is to be paid within 30 days from the invoice date.
What does it mean for a customer's invoice totaling 10500.00 if the payment terms are 10 10 days net 30 days?
This is called as cash discount or settlement discountIn your question this means that a 10% discount is available if the payment is made withing 10 days from the invoice date otherwise the whole amount 10500 is to be paid within 30 days from the invoice date.
