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What does terms of Net on a contract mean?
If you mean on a contract that you need to pay (invoice), it probably has something like 2/10 net 30. If this is what you are talking about it means that you can take a 2% discount if it is paid within 10 days, otherwise the "net" amount is due in 30 days.
What is January 27 plus 226 days?
September 10
Invoice phase 3 10 net 30 means?
An invoice with the terms "3/10 net 30" is summarized as follows: (1) "3/10" means that if the buyer of the service/goods pays within 10 days (of the date of the invoice), the seller will give them a 3% discount on the invoiced balance (2) "net 30" means that the whole balance is due in no later than 30 days (of the date of the invoice)
When does 10 plus 4 equal 2?
As a remainder in inches: 10" + 4" = 1'-2" or 1 foot, 2 inchesYou can also do, 10 days + 4 days =14 days = 2 weeks
How many days in 40 years?
14,610 - 365 days per year x 40 plus 10 days for leap year.
What is 10 eom plus 60?
An invoice dated 4/21/10 with Net 10 EOM+60 Days will be due within 10 days of the end of month (5/10/10) with an additional 60 days after that. So the due date will be 5/10/10 plus 60....actual due date is 7/09/10.
What does terms net 10 eom means?
EOM stands for "end of month". Net 10 EOM means that the net amount of the account is due 10 days after the end of the month which the sale was made. Eg. Customer buys $25,134 worth of merchandise from your store on 14th July. N10 EOM credit terms means that this account must be paid by the 10th June. Hope that helps Edit: I believe in the example that the original poster meant 10th August as the pay date as 10th June would be roughly 11 months after purchase.
Net 10 eom?
The payment to the supplier is due in FULL 10 days after the end of the month of the invoice. If the invoice is issued January 15th . The payment in full is due February 10th.
What does Net tenth mean?
Net 10 means within 10 days of the date of invoice.
What does extra 30 mean when the terms are 2 slash10 net 30 extra 30?
2/10, net 30, extra 30 means that the payment should be made in 30 days in 30 days after the invoice date, if it is paid in 10 days after the invoice date plus 30 days, the buyer can get a discount rate 2%.
Net 30 days means that payment is expected within 30 days after invoice issue date so would it be correct to state Net 10 days if payment is expected within 10 days?
Yes, unless there are other stipulations stated, then it is safe to assume that net 10 days, means the balance is due 10 days after date of invoice.there are a few other ways companies may state this on the invoice.2n10 net 30or2 percent in 10 days net 30both mean, if the account is paid in 10 days, the customer is given a 2% discount, if they do not pay the balance is due in 30 days.
What does Net 10 days?
"Net 10 Days" means payment is due in 10 days. Which is normally from date of invoice and with goods already in transit. For this instance the terms would be: Net 10 Days from date of Invoice If you do not want to ship goods prior to payment you would use the above term and add "Prior to Shipment".
Are Amounts to be paid in 10 days to suppliers Assets?
The term net is used when referring to monies owed to a supplier. Money that is to be paid to a supplier within 10 days is net 10.
What are Amounts to be paid in 10 days to suppliers?
An amount of money that is to be paid to suppliers in 10 days is called net 10.
What are Amounts to be paid in 10 days to suppliers called-?
Amounts to be paid to suppliers in 10 days are referred to as net 10.
What are amounts to be paid in 10 days to suppliers called?
An amount of money that is to be paid to suppliers in 10 days is called net 10.
Bare Amounts to be paid in 10 days to suppliers Assets?
Bare amounts to be paid within 10 days to a supplier are called net 10.
