Invoice 12 10 dating
I understand that 1% 10, net 30 indicates that you may take a discount of 1 percent if paid within 10 days of the invoice date.
What should be done in the case of 1% 10th, net 30 on an invoice dated 11/7?
It would seem to be the terms would be 1% 10 if it has to be cut by 12/10. " Early pay discounts are sometimes offered with prox terms and are stated as "1% 10th prox net 30" which would mean a discount is offered if paid by the 10th of the next month, otherwise the full amount is due in 30 days.
;-)The top right of your Invoice form shows the invoice date... Just modify that date and save.' data-inline-edit-type='wysiwyg' data-inline-edit-url='/answers/1874058' id='inline_edit_answer_1874058_body' In your screenshot, you're showing the date the item was performed or sold as October 2013.
But this would be complicated in prox terms, because the actual time to pay varies according to when the invoice is dated/received (but see below regarding cutoff dates).
In the example you give however, the word "prox" is absent.
There's often a cutoff date with prox terms, for example the 25th, in which case an invoice dated October 25th or after, under net 10th prox would be due December 10th, not November 10th.
I would like to extend a very warm welcome from Lymington Harbour and the town.