i has work hard with some Network when 01 of 2010 but now, they still not pay to me .my account still working. so who can say to me ? 1. Net 30 is payout after 30 day : yes or No ? 2. what happen with me ? thank
Net 30 is actually after 60 days from when you begin. If you begin on Jan 1, 2010, you will receive payment on Feb. 28 or in early March. = 30 days after the last day of the month
Net 30 is a form of trade credit which specifies that the net amount (the total outstanding on the invoice) is expected to be payment received in full 30 days after the goods are dispatched by the seller, or 30 days after the service is completed. Net 30 terms are often coupled with a credit for early payment; e.g. the notation "2% 10, net 30" indicates that a 2% discount can be taken by the buyer only if payment is received in full within 10 days of the dispatch of the goods, and that full payment is expected within 30 days. For example, if "$1000 2/10 net 30" is written on a bill, the buyer can take a 2% discount ($1000 x .02 = $20) and make a payment of $980 within 10 days. Source: Wikipedia
Thank you very much! i has contact to my manager and ask them. " when you will payout 01 of 2010 ? " they said : " by the 20th " now is 05/03/2010 so i must wait 15 day.
The NET-30 payment terms mean 30 days after a payment schedule (usually monthly) the person will be paid. So for example: NET-30 monthly for February commissions means the person will be paid March 30th, 30 days after the end of the month.