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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 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.


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 does 45 days end of month mean?

"45 days end of month" typically refers to a payment term where the payment is due 45 days after the end of the month in which the invoice is issued. For instance, if an invoice is dated March 15, the payment would be due by May 15. This term is often used in business transactions to provide a clear timeline for when payments are expected.

Related Questions

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 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


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.