Terms that a company can offer their purchasers that can occur at any point in the product distribution channel and can come in the form of price reductions or other types of discounts and can also modify the list price that was set by the manufacturer.
Related information about payment terms:
- What is payment terms? definition and meaning
Definition of payment terms: The conditions under which a seller will complete a sale. Typically, these terms specify the period allowed to a buyer to pay off the ...
- Net D - Wikipedia, the free encyclopedia
Net 60 is less used because of its longer payment terms. ... Net 30 payment terms typically have an interest penalty for not meeting these terms and they begin ...
- Discounts and allowances - Wikipedia, the free encyclopedia
Discounts and allowances are reductions to a basic price of goods or services. They can occur anywhere in the distribution channel, modifying either the ...
- The best invoice terms to get you paid faster
Mar 2, 2010 ... Review the payment terms you're using on your invoices (you can change the terms and set default terms when editing any invoice).
- Payment Terms - Cisco Systems
Cisco's standard payment terms for all non-production spend are Net 60. Where possible, Suppliers will also have the option to enroll in Cisco's Accelerated ...
- How to Kill Your Business: 30 Day Payment Terms - John O'Nolan
Jan 12, 2010 ... Why 30 day payment terms? The author makes it sound like having an invoice paid within 30 days is a really good thing to work towards, but it's ...
- Invoicing and taking payment from customers: the law - GOV.UK
Oct 22, 2012 ... Part 1: Overview. If you sell a customer a product or a service, you need to give them an invoice (bill) by law if both you and the customer are ...
- 2. Payment Terms.indd - Credit Management Matters
Do you discuss and agree payment terms with ... Do you confirm the agreed payment terms in ... Do you have standard payment terms in place and a policy ...