Payment due a set number of days after invoice — net 30, net 60, net 90. The brand ships now and is paid later.
Payment due a set number of days after invoice — net 30, net 60, net 90. The brand ships now and is paid later.
The clock usually starts at INVOICE, not delivery. A shipment that takes three weeks turns net 60 into net 39 of actual float, and nobody tells you — it just arrives as a cash-flow problem.
Every term here is one the protocol actually uses, defined for somebody who was never taught it — with the part that usually goes wrong. All terms →