Freelance Glossary > N > Net 30

Net 30

“Net 30” refers to a payment term that is commonly used in business invoicing. It means that the payment for an invoice is due within 30 days of the invoice date.

When a freelancer or business includes “Net 30” on an invoice, it is letting the client know that payment is expected within 30 days of the invoice date. For example, if an invoice is dated February 1 and includes “Net 30” payment terms, the client is expected to pay the invoice by March 3.

It’s important to note that “Net 30” is just one of many payment terms that can be used on an invoice. Other common payment terms include “Net 15” (due in 15 days), “due on receipt” (due immediately), and “payment in advance” (payment required before work begins). The payment terms should be agreed upon by both the freelancer and the client before work begins, and should be included on the invoice to avoid any confusion or delays in payment.

See also: Net D, Late Payment, Net 60, Net 15

Articles that talk about "Net 30"

Net 30: What is It? + How It Can Affect You Getting Paid As A Freelancer

Net 30: What is It? + How It Can Affect You Getting Paid As A Freelancer

Every invoice comes with payment terms. That’s the section where the merchant lays out how the client is supposed to pay for services or products....

Why net 30 isn’t good for your freelance business

Why net 30 isn’t good for your freelance business

Net 30 is one of the most common invoicing payment terms used by small, medium, and large businesses. While it is a standard payment practice,...

30 Best Gifts for Photographers for Every Budget

30 Best Gifts for Photographers for Every Budget

As we head into the end of the year, it’s time to celebrate the approach of the holiday season — that joyful spell of songs,...

How to Start a Creative Agency as a Solopreneur

How to Start a Creative Agency as a Solopreneur

So you want to know how to start a creative agency? That’s great! The creative industry is booming, and a lot of money can be...

More articles about "Net 30"