Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
ˈnet ˈθɝːt.i / Net-30
Net-30 is a credit term often seen in the payment terms of an invoice, which means the payment is due on or before 30 days from the day of invoice issuance.
From a business perspective, this indicates that a client must pay for a product or service within 30 days.
Including net-30 in an invoice is essential so that a client knows when the vendor is expecting to get paid. At the same time, the vendor benefits as it lessens the chances of late payments.
The net-30 term may also vary, depending on the negotiation with a client. It may also be net-10, -60, or -90.
