What does 60 days EOM mean?

[blackostrich827]

Otherwise, full payment is due within 60 days of the invoice date. Net 30 EOM. “EOM” stands for End of the Month. This means that the invoice is due and payable 30 days after the end of the month in which the goods were delivered.

[happyleopard410]

end of the month

Also, what is the meaning of 1 EOM N 60? • 3/EOM, n/60—means a buyer who pays by the end of the month of purchase may deduct a 3% discount from the invoice price. If payment is not made within the discount period, the entire invoice price is due 60 days from the invoice date.

In this way, what does 60 days net payment terms mean?

If you see the phrase net 60 on an invoice or in a contract, it refers to how long a customer has to pay for goods or services after the bill is received. In particular, net 60 means the customer has 60 days to pay before the bill is overdue.

What does 45 days EOM mean?

45 days EOM Sep 11, 2010. means that they will pay you 45 days from the date of your invoice current month (End of Month - EOM). This may mean up to two and a half months, depending on when you finish the translation and submit your invoice.