Calculate due dates for Net 30/60/90 payment terms, early payment discount savings (2/10 Net 30), and late payment costs, all in one place.
Enter your invoice date and payment terms to calculate the due date.
| Term | Meaning | Common in |
|---|---|---|
| Net 7 | Payment due within 7 days | Freelancers, small projects |
| Net 15 | Payment due within 15 days | Recurring services |
| Net 30 | Payment due within 30 days | Most B2B transactions |
| Net 60 | Payment due within 60 days | Large enterprises, government |
| Net 90 | Payment due within 90 days | Government, large retailers |
| 2/10 Net 30 | 2% discount if paid in 10 days, otherwise Net 30 | Manufacturing, wholesale |
| EOM | Payment due end of month | Monthly billing cycles |
| CIA | Cash in advance (prepayment) | New clients, high risk |
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Net 30 is the most common payment term in business invoicing. Here's everything you need to know about setting, managing, and enforcing payment terms.
"Net 30" means the full invoice amount is due within 30 calendar days of the invoice date. It's a credit term: you're extending 30 days of credit to your client.
Use Net 30 for established B2B clients. For new clients, freelance work, or smaller projects, Net 15 or even Net 7 reduces your risk and improves cash flow.
"2/10 Net 30" offers a 2% discount for paying within 10 days. The annualized return is ~37%, making it a strong incentive for buyers and a cash flow boost for sellers.
Specify late fees in your terms (typically 1-2% monthly). But prevention is better: automated reminders reduce late payments by 20-35% without the awkwardness of fee conversations.
Setting the right payment terms is half the battle. Enforcing them consistently is the other half.
Include "Net 30" (or whatever your terms are) prominently on the invoice. Include the exact due date. Don't make clients calculate it. Ambiguity is the enemy of on-time payment.
The clock starts when you send the invoice. Delaying by a week means getting paid a week later. Send invoices the day the work is done or the product ships.
A reminder 3 days before the due date prevents most late payments. Follow up at 7, 14, and 30 days overdue. Automated tools remove the emotional burden of chasing payments.
A 2/10 Net 30 discount costs you 2% but improves cash flow by 20 days. For larger invoices, the improved cash flow often more than covers the discount.
If a client consistently pays late on Net 30, shorten their terms to Net 15 or require a deposit. Don't keep extending credit to clients who don't respect terms.
Need help automating your payment follow-ups? Read our invoice reminder email templates or learn how to automate your accounts receivable. Track your collection efficiency with our DSO calculator.
ChaseBot automatically sends SMS + email reminders before and after your Net 30 due dates. Connect Xero, set your terms, and let automation do the chasing.
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