answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is meant by payment term DA 90 days from BL?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

What is 3.45 percent 10 net 90 days payment terms?

It means that you have 90 days to pay the invoice, and if it is paid within 10 days, you receive a 3.45% discount on the original invoice amount.


What are payment terms of AWB BL?

Payment terms include advance payment of goods and/or partial payment. In addition, a letter of credit can be submitted to the exporter of the good specifying a date which full payment will be received. This can be within 30, 60 or 90 days.


What is term for the average time it takes your customer to pay you?

NET 30, 60, or 90 are typical payment expectations for customers. Net 30 = 100% of the balance paid in 30 days, Net 60 is 50% paid by 30 days and the remaining 50% by day 60, and so on. The ability to collect from a customer declines substantially after 90 days. Some say that you'll lost 60% of your recievables after day 90.


If credit card payment is 90 days past due what happens to the account?

It is going to show a late payment for 90 days on your credit report. Your interest rate may have increased, as well as your balance. Most companies add late charges. The best thing to do is to immediately pay the minimum payment and get started again. If your balance exceeds the maximum, you need to get cracking and get it paid down below that figure.


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 invoices 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.

Related questions

What is 3.45 percent 10 net 90 days payment terms?

It means that you have 90 days to pay the invoice, and if it is paid within 10 days, you receive a 3.45% discount on the original invoice amount.


Can a lender refuse a payment on a mortgage if you are 90 days past due?

Yes, the lender can refuse payment if it is not enough to cure the entire past due amount.


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 are payment terms of AWB BL?

Payment terms include advance payment of goods and/or partial payment. In addition, a letter of credit can be submitted to the exporter of the good specifying a date which full payment will be received. This can be within 30, 60 or 90 days.


What is term for the average time it takes your customer to pay you?

NET 30, 60, or 90 are typical payment expectations for customers. Net 30 = 100% of the balance paid in 30 days, Net 60 is 50% paid by 30 days and the remaining 50% by day 60, and so on. The ability to collect from a customer declines substantially after 90 days. Some say that you'll lost 60% of your recievables after day 90.


How many months behind before house is foreclosed?

Usually after 90 days. A good rule of thumb is 60 days after the first missed payment.


What is timely filing limit for united healthcare secondary claims?

90 days from primary insurance payment/denial date.


In Oregon if you make a payment on your loan can they repossess 2 weeks later if the payment only brings the account from 90 to 30 days past due?

READ your contract. IF you are in default, they can repossess.


How long after no payment has been made will a bill go to the collection agency?

Credit card? About 60 to 90 days. Most other companies give you 60 days.


If credit card payment is 90 days past due what happens to the account?

It is going to show a late payment for 90 days on your credit report. Your interest rate may have increased, as well as your balance. Most companies add late charges. The best thing to do is to immediately pay the minimum payment and get started again. If your balance exceeds the maximum, you need to get cracking and get it paid down below that figure.


When would a house be in danger of repossession?

Typically, a house can be repossessed after 90 days of non payment by the mortgage holder. However, it is not illegal for repossession to begin after a missed payment, though this is extremely rare.


How long can you live in a house without paying the mortgage?

ANSWER:The Bank will give you 90 days to make the next payment on the house. If you don't, The house will go into Foreclosure. And you'll be forced to leave. But, ya, the Bank will give you 90 Days.