What is Net 30 Payment Terms? Should You Use It? | Bench ...
bench.co › blog › accountingSep 12, 2019 · Net 30 terms are often coupled with a discount for early payment to encourage the client to pay more quickly. For example, businesses will often offer net 30 terms with a 2% discount if the client pays within 10 days. On contracts and invoices, you’ll see these terms written out as ‘2/10 net 30.’. You can also change it up to whatever ...
What Does Net 30 Payment Terms Mean? | Invoicely
blog.invoicely.com › net-30-payment-termsOct 24, 2018 · What is Net 30? Net 30 refers to a payment term where the payment for the goods or services is due in full 30 days after the transaction has completed. A lot of businesses choose to offer a discount to customers if they manage to pay before the 30 days is complete. Net 30 refers to the amount owed in full, less any discounts and deductions.