Common Invoice Payment Termonology

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Revision as of 10:29, 28 January 2009 by Admin (talk | contribs) (New page: == Net Terms == Often stated as Net-7 or Net-30, but can be Net + dash + any number of days. Common net terms are: 7, 30, 60, and 90 days. This means that payment is due that number of ...)
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Net Terms

Often stated as Net-7 or Net-30, but can be Net + dash + any number of days. Common net terms are: 7, 30, 60, and 90 days. This means that payment is due that number of days after the invoice date.

Net Monthly

Payment due on last day of the month following the one in which the invoice is dated.

Cash on Delivery (COD)

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