Net 30
Net 30 is a payment term meaning the full invoice amount is due within 30 days of the invoice date. It's the most common B2B payment term in the United States.
What Is Net 30?
Net 30 means the buyer has 30 calendar days from the invoice date to pay the full amount. It's trade credit — the seller extends short-term financing by allowing the buyer to receive goods/services before paying.
Common Payment Term Variations
| Term | Meaning |
|---|---|
| Net 10 | Due in 10 days |
| Net 30 | Due in 30 days |
| Net 60 | Due in 60 days |
| Net 90 | Due in 90 days |
| 2/10 Net 30 | 2% discount if paid in 10 days, otherwise full amount due in 30 |
| Due on receipt | Payment due immediately |
Why Businesses Use Net 30
Net 30 Risks for Sellers
How to Track in QuickBooks
Set payment terms on customer profiles in QBO. The system automatically calculates due dates and flags overdue invoices in the Aging report.
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