Payment terms definitions

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payment terms

payment terms logo #20578Before you do a job you should agree when you will be paid. Some common payment terms are: 14 days from date of invoice 30 days from date of invoice 30 days from the end of the month the invoice was issued in (this is the most common, and is called '30 days net') All payments terms are stated from date of invoice, not from date of job.
Found on http://www.encyclo.co.uk/local/20578

Payment Terms

Payment Terms logo #20614Payment Terms are the terms that you provide to your clients for payment, and should generally be included on the invoice documentation that you provide to your clients so that they are aware of how long they have to pay an invoice. Your payment terms may be anything from immediate payment, to 30 days or more. Depending on the Payment Terms that yo...
Found on http://www.itzbits.co.uk/glossary.php
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