Invoice Payment Terms

Some common invoice payment terms:

  • Net 7 Payment seven days after invoice
  • Net 30 Payment 30 days after invoice
  • Net 60 Payment 60 days after invoice
  • Net 90 Payment 90 days after invoice
  • Net monthly account Payment due on last day of the month following the one in which the invoice is dated
  • EOM End of month
  • COD Cash on delivery
  • Cash account Account no credit given
  • CND Cash next delivery
  • CBS Cash before shipment
  • CIA Cash in advance
  • CWO Cash with order
  • 1MD Monthly credit payment of a full month’s supply
  • Contra Payment offset against the value of supplies purchased from the customer
  • Stage payment Payment of agreed amounts at stages
  • PIA Payment in Advance
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