Invoicing & Cash Flow
Net 30
Definition
Payment terms meaning the client has 30 calendar days from invoice date to pay. Net 15 means 15 days. Net 60 means you're waiting two months for money you already earned.
Why It Matters
Your payment terms directly affect cash flow. Net 60 on a $20K project means you're financing $20K of the client's operations for free.
Related Terms
Explore in Corcava
Corcava handles payment terms management automatically — try it free.
Start Free Trial