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What does the payment term net 5th of 3rd month mean?

The payment term "net 5th of 3rd month" means that payment is due on the 5th day of the third month following the invoice date. For example, if the invoice is dated in January, the payment would be due on March 5th. This term gives the buyer additional time to settle the invoice compared to standard net payment terms, which typically require payment within a month.


What does net monthly 30 day mean?

It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised


What does the payment term Net 30 mean?

net 30 MF


What does EOM net EOM mean?

EOM means "End of Month"


What does net 15TH month mean?

It means that the current balance is due on the 15th of the month following the invoice.


What does it mean for a customer if they purchase 250.00 worth of supplies on the 3rd day of the month and the terms are Net 30 Days?

What does it mean for a customer if they purchase $250.00 worth of supplies on the 3rd day of the month and the terms are Net 30 Days?


What does it mean for a customer if they purchase 250.00 worth of supplies on the 3rd day of the month and terms are net 30 days?

What does it mean for a customer if they purchase $250.00 worth of supplies on the 3rd day of the month and the terms are Net 30 Days?


What is Net 25th in payment Terms mean?

It means you pay on the 25th of each month


What to do mean by the term topology?

The term topology means the configuration of network communication through net connection.


What does EOM Net 15th mean?

The total bill is due 15 days after month end


What do you mean by net 90?

The term net 90 refers to an invoice or bill that is more than 90 days past due.


What other term would mean almost the same as assets and liability?

Net assets