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What does 31 days nett payment mean?
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised.
What is payment term open account 50 days?
An "open account" payment term means that goods are shipped and delivered before payment is due, allowing the buyer to pay at a later date. In this case, a term of "50 days" indicates that the buyer has 50 days from the invoice date to make the payment. This arrangement is typically used in international trade and is favorable for buyers, as it provides them with time to sell the goods before settling the payment. However, it carries a higher risk for sellers since they extend credit without immediate payment.
What does the payment term 30 days mf mean?
The payment term "30 days mf" typically stands for "30 days month-end." This means that the payment is due 30 days after the end of the month in which the invoice was issued. For example, if an invoice is dated March 15, the payment would be due by April 30. This term is commonly used in business transactions to provide a clear timeline for payment.
What does the payment term net 5th of 3rd month mean?
The payment term "net 5th of 3rd month" means that payment is due on the 5th day of the third month following the invoice date. For example, if the invoice is dated in January, the payment would be due on March 5th. This term gives the buyer additional time to settle the invoice compared to standard net payment terms, which typically require payment within a month.
What does payment term Net 30 days mean?
Means it should be paid in full withen 30 days.
The term correct when applied to Certifying Official duties mean that?
the payment is not a duplicate of a previous payment
What is the meaning of lol in payment term?
Lol mean laugh out loud that it mean
What does the payment term Net 30 mean?
net 30 MF
What does 31 days nett payment mean?
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised.
What does payment term CF 30 days mean?
Credit For 30 days
What does the term proper mean when applied to certifying official?
the funds are appropriated for payment
What is payment term open account 50 days?
An "open account" payment term means that goods are shipped and delivered before payment is due, allowing the buyer to pay at a later date. In this case, a term of "50 days" indicates that the buyer has 50 days from the invoice date to make the payment. This arrangement is typically used in international trade and is favorable for buyers, as it provides them with time to sell the goods before settling the payment. However, it carries a higher risk for sellers since they extend credit without immediate payment.
What does 30 days nett monthly mean?
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised. It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised.
What does the term minimum payment mean?
That is the smallest possible periodic payment to a creditor that is necessary to keep the credit account in good standing.
What does the term proper mean when applied to Certifying officials duties?
the funds are appropriated for payment
What can the government do to reduce balance of payment deficit?
Devalue currency to make import costilier and export more profitable also short term borrowing for immediate requirements.
What does net monthly 30 day mean?
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised
