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What is meant by payment term OA 60 days?

OA = open account


What does OA 30 days mean?

"OA 30 days" typically refers to "Open Account" terms where payment is due 30 days after the invoice date. This means that the buyer can receive goods or services and has a month to settle the payment without incurring penalties. It's a common arrangement in business transactions, providing buyers a grace period to manage their cash flow.


What is meant by payment term OA 30 days?

open account 30 days..


What is meant by payment term OA 90 days?

Payment term OA 90 days refers to "open account" payment terms where the buyer is allowed to pay the seller within 90 days after the invoice date. This arrangement typically indicates a trust-based relationship, as the seller ships goods or provides services without requiring immediate payment. It is common in business-to-business transactions, allowing buyers to manage their cash flow effectively while still receiving the products or services needed.


What payment term is better for supplier TT60days or OA 60days or 60day LC?

The best payment term depends on your business relationship and cash flow needs. TT (Telegraphic Transfer) 60 days may provide quicker access to funds for suppliers but requires upfront payment. OA (Open Account) 60 days allows for payment after goods are received, which can be advantageous for cash flow but carries more risk for suppliers. A 60-day LC (Letter of Credit) offers security for both parties, ensuring payment upon meeting agreed terms, making it a balanced option if both parties are comfortable with it.

Related Questions

What does OA mean when relating to dimensioning?

18" o.a.


What does body-regulating medicines mean?

If you are an OA student. #Swag


Tell you words that have oa in them?

oa words are railroad!!


NY VTL 1110 0A?

What does NY VTL 1110 OA mean? Are there points with this violation?


What is Hiva-Oa's population?

The population of Hiva-Oa is 1,986.


How tall is Oa Skywalker?

Oa Skywalker is 5' 11".


Which transformation of OA would result in an image parallel to OA?

To obtain an image of line OA that is parallel to OA itself, you can perform a translation transformation. This involves shifting the entire line OA in a specific direction by a certain distance without altering its orientation. The translated line will remain parallel to the original line OA.


What does the OA obligation mean?

Read it and think about it. Life isn't about having the answers right in front of you. As an OA member myself, I still have many different thoughts about what it means. So think and make your best assumption.


What is meant by payment term OA 60 days?

OA = open account


What is the area of Hiva-Oa?

The area of Hiva-Oa is 330 square kilometers.


What do originating addresses TP-OA 131 and TP-OA 123 mean?

Originating addresses TP-OA 131 and TP-OA 123 typically refer to specific identifiers used in telecommunications or data networks to denote the source of a transmission. "TP" often stands for "Transport Protocol," while "OA" might indicate "Originating Address." The numbers likely represent unique identifiers for different transmission points or devices within a network, facilitating the routing and management of data. Their exact meanings can vary based on the specific context or system in which they are used.


what is Pocahontas?

oa