Net balance refers to the final amount remaining after all transactions, debts, or credits have been accounted for. It is commonly used in financial contexts to indicate the difference between total assets and total liabilities. In banking, it represents the actual amount available in an account after considering pending transactions or charges. Essentially, it provides a clear picture of an individual's or organization's financial standing at a given moment.
Nett Monthly Account - Payment due on last day of the month following the one in which the invoice is dated
Nett is pre VAT on an invoiceGross it the total cost due (inclusive of VAT)Hope this helpsLiz. H
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised.
No. Gross pay is the amount before tax, and Nett is the amount after tax has been deducted, so nett is smaller than gross. There is a similar theme in tins of beans. The gross weight is that with the weight of the tin included, the nett the weight of the beans themselves.
gross
Nett means nice
"Der ist nett, nicht?" would mean "He/This guy is nice/friendly, isn't he?" "Der ist nicht nett" (different grammar) would mean "He/this guy isn't nice/friendly".
Nice to meet you
It is "they are not nice".
Nett Monthly Account - Payment due on last day of the month following the one in which the invoice is dated
This term indicates that the seller expects you to pay within 7 days, and the nett part means that there is no discount.
Bob Nett is 6' 2".
David Nett is 6' 2".
if you mean "Net Price", it's the amount after deducting trade discount and cash discount.
Das ist nett = that's nice.
Eleanor Nett goes by Nora.
Nett Price does not include GST