What Is Nett 30 Days Payment Terms?

Answer

Net 30 days payment terms means that payment is due within 30 days. Often, in business-to-business transactions, a discount is offered for speedy payment. For example, "2/5 net 30" means that payment is due within 30 days, but there is a 2% discount if payment is received within 5 days.
Q&A Related to "What Is Nett 30 Days Payment Terms?"
30 day net is a book keeping and/or accounting term that applies to an accounts receivable account, which means the terms of the account are 30 days, meaning that the balance of the
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1. Promptly open all correspondence you receive from your lender. Such correspondence will advise you of your options and your rights as a home owner, and often identifies ways for
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I regularly work with Startups and Small Businesses , which often have cash flow issues. It's tough to balance looking out for your best interest in terms of your time and resources
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I have been in the credit field for over 30 years in both consumer and business credit. It is not unusual for a company to have a net 10 or net 15 day term and you need to put that
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