See Also: Terms of Sale Net 30 Credit Terms Cost Recovery 2/10 net 30 Down Payment Define Payment Terms Define payment terms as the terms required for payment on a product, are a function of the service offering of a vendor. These terms are an extension of how a vendor wants to treat a customer.
See Also: How Important is Personal Credit in Negotiating a Commercial Loan How to Improve Your Credit Score Letter of Credit Line of Credit (Bank Line) How to collect accounts receivable Net 30 Definition What is 2% 10 net 30? Or 1% 10 net 30? The credit terms 2% 10 net 30 means the customer
Net Sales Defined What is net sales revenue? Net sales revenue refers to a company’s total sales revenue in a given fiscal period after subtracting certain items. These items include returns, allowances, and discounts. Net sales revenue is in contrast to gross sales revenue. Gross sales revenue is not adjusted for returns, allowances, and discounts.
See Also: What is Factoring Receivables Accounting for Factored Receivables Journal Entries for Factored Receivables Can Factoring Be Better Than a Bank Loan? History of Factoring Factoring is Not for My Company The What, When, and Where About Factoring Nest Egg How Factoring Can Make or Save Money Opportunity for Discounts: Lack of cash flow
See Also: Discount Rate Discounted Cash Flow Analysis Discounted Cash Flow vs IRR Discount Payment Period (DPP) Definition The Discount Payment Period (DPP) refers to the period of time in which a payment on a purchase can be made for a discount incentive. A DDP can lead to advantages for both sides of the transaction.