Payment Terms

What Is 2/10 Net 30?

Take a 2% discount if paid within ten days; otherwise full amount in thirty.

Detailed Explanation

Encourages early payment. Document the discount math on the invoice to avoid disputes.

Example

A $1,000 invoice becomes $980 if paid by day ten.

Why It Matters

Can improve cash flow versus pure Net 30.

Related Resources

Related Payment Terms Terms

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