“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
