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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.

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15y ago

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What is meant by net 10 EOM 60?

"Net 10 EOM 60" refers to payment terms in a business transaction. It means that the total invoice amount is due within 10 days after the end of the month (EOM) in which the invoice was issued, and the full payment must be made within 60 days. Essentially, this gives the buyer a short window for early payment discounts while allowing for a longer period for the total amount to be settled.


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The result of the equation - 10 plus 90 plus 60 plus 80, is found as follows; 10 + 90 + 60 + 80 = ( 10 + 90 ) + 60 + 80 = 100 + ( 60 + 80 ) = 100 + 140 = 240 Answer = 240


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