[GNC-dev] Translation
David Cousens
davidcousens at bigpond.com
Tue Feb 19 02:04:55 EST 2019
Hamid,
Billing terms are the terms under which a vendor extends credit to a
customer They can be quite variable. A vendor could require payment within 7
days for example. Often where a regular customer has an account it can be a
30day period. It may also include additional conditions such as interest on
the amount owing if not paid by the due date.
These are often expressed in a shorthand form in English language invoices.
The following website https://due.com/blog/10-invoicing-terms-need-know/
lists some common forms.
In most countries they are likely to be defined in the laws governing
contracts or by commercial practice
David Cousens
-----
David Cousens
--
Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-Dev-f1435356.html
More information about the gnucash-devel
mailing list