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The Z060 payment term typically refers to a specific payment condition used in business transactions, often indicating that payment is due within a certain number of days after the invoice date. This term is commonly seen in accounting and financial systems to manage cash flow and payment schedules. It helps both buyers and sellers to understand their payment obligations clearly. The exact details can vary based on the company's internal policies or the agreements made between parties.
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What does ADF in a payment term stand for?
After Deducting Freight (People seem to make their own payment term abbreviations!)
What is the term used to describe the fixed payment of interest on a bond?
Coupon Payment
What is ZMN2 payment term?
Payment settled on 2nd day, 2nd Month
What term refers to a large final payment due at the end of a loan?
Balloon 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 is the difference between ZMN2 and Z060 payment terms?
ZMN2 and Z060 are different payment terms used in financial transactions, particularly in accounting and invoicing. ZMN2 typically indicates a net payment term, meaning the total amount is due within a specified period, often without any discounts. In contrast, Z060 may refer to a specific discount structure, where payment is due within 60 days, possibly with an incentive for early payment. The key difference lies in the timing and conditions associated with the payment obligations.
What does ADF in a payment term stand for?
After Deducting Freight (People seem to make their own payment term abbreviations!)
What is the term used to describe the fixed payment of interest on a bond?
Coupon Payment
What is ZMN2 payment term?
Payment settled on 2nd day, 2nd Month
What is the term for payment for a speech?
Honorarium.
What term refers to a large final payment due at the end of a loan?
Balloon Payment
What is CAD shipments?
CAD payment term
What is poetic term for reward or payment?
guerdons
Payment on a long-term note payable affects working capital whereas payment on a short-term note payable does not why?
Foolish questions are not answered
The term correct when applied to Certifying Official duties mean that?
the payment is not a duplicate of a previous 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 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.
