2007-01-29 22:35:19 · 3 answers · asked by kyojo 2 in Business & Finance ➔ Small Business
The net amount that you owe for the purchase is due in 30 or 60 days.
2007-01-29 22:44:40 · answer #1 · answered by jingles 5 · 0⤊ 0⤋
You should take a business class @ your local community college to better understand your business. Those terms mean just what they say Net30 the money is due in 30 days Net60 the money is due in 60 days. There are alot of other terms that you should be familiar with. Like ones associated with shipping fees and who has to pay and if you get a discount if you pay at a certain time...... a business class could do you wonders. Good luck!
2007-02-06 17:15:31 · answer #2 · answered by elliemay 3 · 0⤊ 0⤋
Net 30 refers to the number of days (30) you have to make final payment on the products or services you bought. Net 60 allows you (60) days to make final payment for products or services purchased.
2007-01-29 23:06:21 · answer #3 · answered by James M 1 · 0⤊ 0⤋