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In most cases, businesses will issue invoices with terms and conditions. One of the common ones for business to business is "net 10" or "net 30". Simply put, this means the balance is due within 10 days of the invoice being issued. In some cases, companies will offer a discount if the invoice is paid in the specific number of days and/or will charge a fee if it is not paid.

Generally if there is a discount it is included in the terms such as 1%/Net 10. You can read about this common accounting term at Investopedia (see related link below).

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