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> Clients usually pay net 30 - 60 What do you mean by this?

• devIO 7y ago
  Most large companies (b2b only?) request 30 to 60 days to pay an invoice. You don’t send an invoice and get your money right away.
• chiph 7y ago
  You'll also see terms like "2/10 net 30", which means if the client pays in 10 days, they get a 2% discount. Otherwise payment in full is expected by day 30. Your accountant would have a "Sales Discount" account to record it as an expense if they get you the check early.
• deleted 7y ago
  [deleted]