{"id":220791,"date":"2025-10-22T15:07:49","date_gmt":"2025-10-22T13:07:49","guid":{"rendered":"https:\/\/easy-software.com\/?post_type=glossar&p=220791"},"modified":"2025-10-22T15:32:17","modified_gmt":"2025-10-22T13:32:17","slug":"payment-terms","status":"publish","type":"glossar","link":"https:\/\/easy-software.com\/en\/glossary\/payment-terms\/","title":{"rendered":"Payment Terms"},"content":{"rendered":"
Payment terms provide a clear answer<\/mark> and are a standard part <\/mark>of every incoming invoice<\/mark>.<\/p>\n\n\n\n\n\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t<\/svg><\/span><\/p>\n\n\n\nWhat do payment terms mean on an incoming invoice?<\/h2>\n\n\n\nPayment terms define the agreed timeframe<\/strong> within which an invoice must be paid. They are typically stated clearly on the invoice and offer the recipient a reliable reference: when the payment is due and under what conditions.<\/p>\n\n\n\nCommon examples include<\/strong>:<\/p>\n\n\n\n\n\u201cPayable within 14 days\u201d<\/strong><\/li>\n\n\n\n\u201cNet 30 days\u201d<\/strong><\/li>\n\n\n\n\u201cPayment due within 10 days\u201d<\/strong><\/li>\n<\/ul>\n\n\n\nPayment terms are more than just a formality. They are a key element of any business transaction. They influence liquidity planning, create clarity, and \u2013 depending on how they\u2019re structured \u2013 can incentivize early payment.<\/p>\n\n<\/div>\n\n\nWhen do payment terms start?<\/h2>\n\n\n\nIn most cases, payment terms begin on the invoice date<\/strong>. This date marks the starting point for the agreed payment period\u2014such as \u201c14 days net\u201d or \u201c30 days from invoice date.\u201d The invoice itself becomes the reference for calculating the due date.<\/p>\n\n\n\nIn some cases, payment terms may be tied to other events, such as:<\/mark><\/strong><\/p>\n\n\n\n\nGoods receipt<\/strong>: relevant for delivery contracts with shipping notices<\/li>\n\n\n\nService completion<\/strong>: common in project-based work<\/li>\n\n\n\nInvoice receipt<\/strong>: especially in public sector or international transactions<\/li>\n<\/ul>\n\n\n\nExample:<\/strong>An invoice dated October 1 with \u201cNet 30 days\u201d is due by October 31\u2014assuming the terms refer to the invoice date.<\/p>\n\n\n\nCommon payment terms<\/h2>\n\n\n\nIn practice, payment terms vary depending on industry, contract type, and customer relationship. They not only define the payment period but also serve as a tool to encourage prompt payment.<\/p>\n\n\n\nTypical formats include:<\/p>\n\n\n\n\nDue immediately without deduction<\/strong>Payment is expected right after receiving the invoice. Common for digital services or direct purchases.<\/li>\n\n\n\nNet 14 days<\/strong>Payment within 14 calendar days from the invoice date, without any discount. Often used in service contracts.<\/li>\n\n\n\nNet 30 days<\/strong>Payment within 30 days, also without discount. A standard in B2B transactions, especially for recurring deliveries.<\/li>\n\n\n\nDiscount terms (Skonto)<\/strong>Example: \u201c2% discount if paid within 10 days, otherwise net 30 days.\u201d<\/em>This format rewards early payment with a price reduction and is widely used in retail and wholesale.<\/li>\n\n\n\nCustom agreements<\/strong>In long-term projects or with public clients, longer payment terms may be agreed\u2014such as 60 or 90 days.<\/li>\n<\/ul>\n\n\n\nThe choice of payment terms directly affects the liquidity<\/mark> of both parties<\/mark>. Longer terms offer more flexibility for the payer, while the issuer must wait longer for incoming funds.<\/p>\n\n\n\nPayment terms vs. payment deadline<\/h2>\n\n\n\nThe terms payment terms<\/strong> and payment deadline<\/strong> are often used interchangeably\u2014but they\u2019re not exactly the same<\/mark><\/strong>. A closer look reveals two distinct perspectives on the same process.<\/p>\n\n\n\nPayment terms: The agreement<\/h3>\n\n\n\nPayment terms are a contractual arrangement<\/strong>. They\u2019re usually stated on the invoice and define when the amount is due. They\u2019re based on mutual agreement between business partners.<\/p>\n\n\n\nExample:<\/strong>\u201cPayable within 30 days net\u201d is a classic payment term.<\/p>\n\n\n\nPayment deadline: The legal limit<\/h3>\n\n\n\nThe payment deadline refers to the legally permitted timeframe<\/strong> for settling an invoice when no specific payment terms have been agreed. In the U.S., this is governed by contract law and may vary by state or industry. In Germany, for example, the law states that 30 days after receiving the invoice<\/strong>, the payer is automatically in default\u2014unless they\u2019re a consumer (\u00a7\u202f286 Abs.\u202f3 BGB).<\/p>\n\n\n\nWhy does the distinction matter?<\/h3>\n\n\n\n\nPayment terms<\/strong> are a flexible tool in business transactions.<\/li>\n\n\n\nPayment deadlines<\/strong> serve as a legal safeguard when no agreement exists.<\/li>\n<\/ul>\n\n\n\nAnyone handling invoices should understand both concepts and apply them appropriately. A clearly defined payment term creates certainty before legal deadlines come into play.<\/p>\n\n\n\n<\/div>\n\n\n\n<\/div>\n\n\n\n<\/a>\n\n\neasy<\/span>archive<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nArchive data securely and compliant.<\/p>\n\n\n\nDiscover easy archive<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n\n<\/a>\n\n\neasy<\/span>invoice<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nDigitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t\t<\/path>\t\t\t\t\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t<\/svg><\/span><\/p>\n\n\n\nWhat do payment terms mean on an incoming invoice?<\/h2>\n\n\n\nPayment terms define the agreed timeframe<\/strong> within which an invoice must be paid. They are typically stated clearly on the invoice and offer the recipient a reliable reference: when the payment is due and under what conditions.<\/p>\n\n\n\nCommon examples include<\/strong>:<\/p>\n\n\n\n\n\u201cPayable within 14 days\u201d<\/strong><\/li>\n\n\n\n\u201cNet 30 days\u201d<\/strong><\/li>\n\n\n\n\u201cPayment due within 10 days\u201d<\/strong><\/li>\n<\/ul>\n\n\n\nPayment terms are more than just a formality. They are a key element of any business transaction. They influence liquidity planning, create clarity, and \u2013 depending on how they\u2019re structured \u2013 can incentivize early payment.<\/p>\n\n<\/div>\n\n\nWhen do payment terms start?<\/h2>\n\n\n\nIn most cases, payment terms begin on the invoice date<\/strong>. This date marks the starting point for the agreed payment period\u2014such as \u201c14 days net\u201d or \u201c30 days from invoice date.\u201d The invoice itself becomes the reference for calculating the due date.<\/p>\n\n\n\nIn some cases, payment terms may be tied to other events, such as:<\/mark><\/strong><\/p>\n\n\n\n\nGoods receipt<\/strong>: relevant for delivery contracts with shipping notices<\/li>\n\n\n\nService completion<\/strong>: common in project-based work<\/li>\n\n\n\nInvoice receipt<\/strong>: especially in public sector or international transactions<\/li>\n<\/ul>\n\n\n\nExample:<\/strong>An invoice dated October 1 with \u201cNet 30 days\u201d is due by October 31\u2014assuming the terms refer to the invoice date.<\/p>\n\n\n\nCommon payment terms<\/h2>\n\n\n\nIn practice, payment terms vary depending on industry, contract type, and customer relationship. They not only define the payment period but also serve as a tool to encourage prompt payment.<\/p>\n\n\n\nTypical formats include:<\/p>\n\n\n\n\nDue immediately without deduction<\/strong>Payment is expected right after receiving the invoice. Common for digital services or direct purchases.<\/li>\n\n\n\nNet 14 days<\/strong>Payment within 14 calendar days from the invoice date, without any discount. Often used in service contracts.<\/li>\n\n\n\nNet 30 days<\/strong>Payment within 30 days, also without discount. A standard in B2B transactions, especially for recurring deliveries.<\/li>\n\n\n\nDiscount terms (Skonto)<\/strong>Example: \u201c2% discount if paid within 10 days, otherwise net 30 days.\u201d<\/em>This format rewards early payment with a price reduction and is widely used in retail and wholesale.<\/li>\n\n\n\nCustom agreements<\/strong>In long-term projects or with public clients, longer payment terms may be agreed\u2014such as 60 or 90 days.<\/li>\n<\/ul>\n\n\n\nThe choice of payment terms directly affects the liquidity<\/mark> of both parties<\/mark>. Longer terms offer more flexibility for the payer, while the issuer must wait longer for incoming funds.<\/p>\n\n\n\nPayment terms vs. payment deadline<\/h2>\n\n\n\nThe terms payment terms<\/strong> and payment deadline<\/strong> are often used interchangeably\u2014but they\u2019re not exactly the same<\/mark><\/strong>. A closer look reveals two distinct perspectives on the same process.<\/p>\n\n\n\nPayment terms: The agreement<\/h3>\n\n\n\nPayment terms are a contractual arrangement<\/strong>. They\u2019re usually stated on the invoice and define when the amount is due. They\u2019re based on mutual agreement between business partners.<\/p>\n\n\n\nExample:<\/strong>\u201cPayable within 30 days net\u201d is a classic payment term.<\/p>\n\n\n\nPayment deadline: The legal limit<\/h3>\n\n\n\nThe payment deadline refers to the legally permitted timeframe<\/strong> for settling an invoice when no specific payment terms have been agreed. In the U.S., this is governed by contract law and may vary by state or industry. In Germany, for example, the law states that 30 days after receiving the invoice<\/strong>, the payer is automatically in default\u2014unless they\u2019re a consumer (\u00a7\u202f286 Abs.\u202f3 BGB).<\/p>\n\n\n\nWhy does the distinction matter?<\/h3>\n\n\n\n\nPayment terms<\/strong> are a flexible tool in business transactions.<\/li>\n\n\n\nPayment deadlines<\/strong> serve as a legal safeguard when no agreement exists.<\/li>\n<\/ul>\n\n\n\nAnyone handling invoices should understand both concepts and apply them appropriately. A clearly defined payment term creates certainty before legal deadlines come into play.<\/p>\n\n\n\n<\/div>\n\n\n\n<\/div>\n\n\n\n<\/a>\n\n\neasy<\/span>archive<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nArchive data securely and compliant.<\/p>\n\n\n\nDiscover easy archive<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n\n<\/a>\n\n\neasy<\/span>invoice<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nDigitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Payment terms define the agreed timeframe<\/strong> within which an invoice must be paid. They are typically stated clearly on the invoice and offer the recipient a reliable reference: when the payment is due and under what conditions.<\/p>\n\n\n\nCommon examples include<\/strong>:<\/p>\n\n\n\n\n\u201cPayable within 14 days\u201d<\/strong><\/li>\n\n\n\n\u201cNet 30 days\u201d<\/strong><\/li>\n\n\n\n\u201cPayment due within 10 days\u201d<\/strong><\/li>\n<\/ul>\n\n\n\nPayment terms are more than just a formality. They are a key element of any business transaction. They influence liquidity planning, create clarity, and \u2013 depending on how they\u2019re structured \u2013 can incentivize early payment.<\/p>\n\n<\/div>\n\n\nWhen do payment terms start?<\/h2>\n\n\n\nIn most cases, payment terms begin on the invoice date<\/strong>. This date marks the starting point for the agreed payment period\u2014such as \u201c14 days net\u201d or \u201c30 days from invoice date.\u201d The invoice itself becomes the reference for calculating the due date.<\/p>\n\n\n\nIn some cases, payment terms may be tied to other events, such as:<\/mark><\/strong><\/p>\n\n\n\n\nGoods receipt<\/strong>: relevant for delivery contracts with shipping notices<\/li>\n\n\n\nService completion<\/strong>: common in project-based work<\/li>\n\n\n\nInvoice receipt<\/strong>: especially in public sector or international transactions<\/li>\n<\/ul>\n\n\n\nExample:<\/strong>An invoice dated October 1 with \u201cNet 30 days\u201d is due by October 31\u2014assuming the terms refer to the invoice date.<\/p>\n\n\n\nCommon payment terms<\/h2>\n\n\n\nIn practice, payment terms vary depending on industry, contract type, and customer relationship. They not only define the payment period but also serve as a tool to encourage prompt payment.<\/p>\n\n\n\nTypical formats include:<\/p>\n\n\n\n\nDue immediately without deduction<\/strong>Payment is expected right after receiving the invoice. Common for digital services or direct purchases.<\/li>\n\n\n\nNet 14 days<\/strong>Payment within 14 calendar days from the invoice date, without any discount. Often used in service contracts.<\/li>\n\n\n\nNet 30 days<\/strong>Payment within 30 days, also without discount. A standard in B2B transactions, especially for recurring deliveries.<\/li>\n\n\n\nDiscount terms (Skonto)<\/strong>Example: \u201c2% discount if paid within 10 days, otherwise net 30 days.\u201d<\/em>This format rewards early payment with a price reduction and is widely used in retail and wholesale.<\/li>\n\n\n\nCustom agreements<\/strong>In long-term projects or with public clients, longer payment terms may be agreed\u2014such as 60 or 90 days.<\/li>\n<\/ul>\n\n\n\nThe choice of payment terms directly affects the liquidity<\/mark> of both parties<\/mark>. Longer terms offer more flexibility for the payer, while the issuer must wait longer for incoming funds.<\/p>\n\n\n\nPayment terms vs. payment deadline<\/h2>\n\n\n\nThe terms payment terms<\/strong> and payment deadline<\/strong> are often used interchangeably\u2014but they\u2019re not exactly the same<\/mark><\/strong>. A closer look reveals two distinct perspectives on the same process.<\/p>\n\n\n\nPayment terms: The agreement<\/h3>\n\n\n\nPayment terms are a contractual arrangement<\/strong>. They\u2019re usually stated on the invoice and define when the amount is due. They\u2019re based on mutual agreement between business partners.<\/p>\n\n\n\nExample:<\/strong>\u201cPayable within 30 days net\u201d is a classic payment term.<\/p>\n\n\n\nPayment deadline: The legal limit<\/h3>\n\n\n\nThe payment deadline refers to the legally permitted timeframe<\/strong> for settling an invoice when no specific payment terms have been agreed. In the U.S., this is governed by contract law and may vary by state or industry. In Germany, for example, the law states that 30 days after receiving the invoice<\/strong>, the payer is automatically in default\u2014unless they\u2019re a consumer (\u00a7\u202f286 Abs.\u202f3 BGB).<\/p>\n\n\n\nWhy does the distinction matter?<\/h3>\n\n\n\n\nPayment terms<\/strong> are a flexible tool in business transactions.<\/li>\n\n\n\nPayment deadlines<\/strong> serve as a legal safeguard when no agreement exists.<\/li>\n<\/ul>\n\n\n\nAnyone handling invoices should understand both concepts and apply them appropriately. A clearly defined payment term creates certainty before legal deadlines come into play.<\/p>\n\n\n\n<\/div>\n\n\n\n<\/div>\n\n\n\n<\/a>\n\n\neasy<\/span>archive<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nArchive data securely and compliant.<\/p>\n\n\n\nDiscover easy archive<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n\n<\/a>\n\n\neasy<\/span>invoice<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nDigitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Common examples include<\/strong>:<\/p>\n\n\n\n\n\u201cPayable within 14 days\u201d<\/strong><\/li>\n\n\n\n\u201cNet 30 days\u201d<\/strong><\/li>\n\n\n\n\u201cPayment due within 10 days\u201d<\/strong><\/li>\n<\/ul>\n\n\n\nPayment terms are more than just a formality. They are a key element of any business transaction. They influence liquidity planning, create clarity, and \u2013 depending on how they\u2019re structured \u2013 can incentivize early payment.<\/p>\n\n<\/div>\n\n\nWhen do payment terms start?<\/h2>\n\n\n\nIn most cases, payment terms begin on the invoice date<\/strong>. This date marks the starting point for the agreed payment period\u2014such as \u201c14 days net\u201d or \u201c30 days from invoice date.\u201d The invoice itself becomes the reference for calculating the due date.<\/p>\n\n\n\nIn some cases, payment terms may be tied to other events, such as:<\/mark><\/strong><\/p>\n\n\n\n\nGoods receipt<\/strong>: relevant for delivery contracts with shipping notices<\/li>\n\n\n\nService completion<\/strong>: common in project-based work<\/li>\n\n\n\nInvoice receipt<\/strong>: especially in public sector or international transactions<\/li>\n<\/ul>\n\n\n\nExample:<\/strong>An invoice dated October 1 with \u201cNet 30 days\u201d is due by October 31\u2014assuming the terms refer to the invoice date.<\/p>\n\n\n\nCommon payment terms<\/h2>\n\n\n\nIn practice, payment terms vary depending on industry, contract type, and customer relationship. They not only define the payment period but also serve as a tool to encourage prompt payment.<\/p>\n\n\n\nTypical formats include:<\/p>\n\n\n\n\nDue immediately without deduction<\/strong>Payment is expected right after receiving the invoice. Common for digital services or direct purchases.<\/li>\n\n\n\nNet 14 days<\/strong>Payment within 14 calendar days from the invoice date, without any discount. Often used in service contracts.<\/li>\n\n\n\nNet 30 days<\/strong>Payment within 30 days, also without discount. A standard in B2B transactions, especially for recurring deliveries.<\/li>\n\n\n\nDiscount terms (Skonto)<\/strong>Example: \u201c2% discount if paid within 10 days, otherwise net 30 days.\u201d<\/em>This format rewards early payment with a price reduction and is widely used in retail and wholesale.<\/li>\n\n\n\nCustom agreements<\/strong>In long-term projects or with public clients, longer payment terms may be agreed\u2014such as 60 or 90 days.<\/li>\n<\/ul>\n\n\n\nThe choice of payment terms directly affects the liquidity<\/mark> of both parties<\/mark>. Longer terms offer more flexibility for the payer, while the issuer must wait longer for incoming funds.<\/p>\n\n\n\nPayment terms vs. payment deadline<\/h2>\n\n\n\nThe terms payment terms<\/strong> and payment deadline<\/strong> are often used interchangeably\u2014but they\u2019re not exactly the same<\/mark><\/strong>. A closer look reveals two distinct perspectives on the same process.<\/p>\n\n\n\nPayment terms: The agreement<\/h3>\n\n\n\nPayment terms are a contractual arrangement<\/strong>. They\u2019re usually stated on the invoice and define when the amount is due. They\u2019re based on mutual agreement between business partners.<\/p>\n\n\n\nExample:<\/strong>\u201cPayable within 30 days net\u201d is a classic payment term.<\/p>\n\n\n\nPayment deadline: The legal limit<\/h3>\n\n\n\nThe payment deadline refers to the legally permitted timeframe<\/strong> for settling an invoice when no specific payment terms have been agreed. In the U.S., this is governed by contract law and may vary by state or industry. In Germany, for example, the law states that 30 days after receiving the invoice<\/strong>, the payer is automatically in default\u2014unless they\u2019re a consumer (\u00a7\u202f286 Abs.\u202f3 BGB).<\/p>\n\n\n\nWhy does the distinction matter?<\/h3>\n\n\n\n\nPayment terms<\/strong> are a flexible tool in business transactions.<\/li>\n\n\n\nPayment deadlines<\/strong> serve as a legal safeguard when no agreement exists.<\/li>\n<\/ul>\n\n\n\nAnyone handling invoices should understand both concepts and apply them appropriately. A clearly defined payment term creates certainty before legal deadlines come into play.<\/p>\n\n\n\n<\/div>\n\n\n\n<\/div>\n\n\n\n<\/a>\n\n\neasy<\/span>archive<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nArchive data securely and compliant.<\/p>\n\n\n\nDiscover easy archive<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n\n<\/a>\n\n\neasy<\/span>invoice<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nDigitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Payment terms are more than just a formality. They are a key element of any business transaction. They influence liquidity planning, create clarity, and \u2013 depending on how they\u2019re structured \u2013 can incentivize early payment.<\/p>\n\n<\/div>\n\n\n
In most cases, payment terms begin on the invoice date<\/strong>. This date marks the starting point for the agreed payment period\u2014such as \u201c14 days net\u201d or \u201c30 days from invoice date.\u201d The invoice itself becomes the reference for calculating the due date.<\/p>\n\n\n\nIn some cases, payment terms may be tied to other events, such as:<\/mark><\/strong><\/p>\n\n\n\n\nGoods receipt<\/strong>: relevant for delivery contracts with shipping notices<\/li>\n\n\n\nService completion<\/strong>: common in project-based work<\/li>\n\n\n\nInvoice receipt<\/strong>: especially in public sector or international transactions<\/li>\n<\/ul>\n\n\n\nExample:<\/strong>An invoice dated October 1 with \u201cNet 30 days\u201d is due by October 31\u2014assuming the terms refer to the invoice date.<\/p>\n\n\n\nCommon payment terms<\/h2>\n\n\n\nIn practice, payment terms vary depending on industry, contract type, and customer relationship. They not only define the payment period but also serve as a tool to encourage prompt payment.<\/p>\n\n\n\nTypical formats include:<\/p>\n\n\n\n\nDue immediately without deduction<\/strong>Payment is expected right after receiving the invoice. Common for digital services or direct purchases.<\/li>\n\n\n\nNet 14 days<\/strong>Payment within 14 calendar days from the invoice date, without any discount. Often used in service contracts.<\/li>\n\n\n\nNet 30 days<\/strong>Payment within 30 days, also without discount. A standard in B2B transactions, especially for recurring deliveries.<\/li>\n\n\n\nDiscount terms (Skonto)<\/strong>Example: \u201c2% discount if paid within 10 days, otherwise net 30 days.\u201d<\/em>This format rewards early payment with a price reduction and is widely used in retail and wholesale.<\/li>\n\n\n\nCustom agreements<\/strong>In long-term projects or with public clients, longer payment terms may be agreed\u2014such as 60 or 90 days.<\/li>\n<\/ul>\n\n\n\nThe choice of payment terms directly affects the liquidity<\/mark> of both parties<\/mark>. Longer terms offer more flexibility for the payer, while the issuer must wait longer for incoming funds.<\/p>\n\n\n\nPayment terms vs. payment deadline<\/h2>\n\n\n\nThe terms payment terms<\/strong> and payment deadline<\/strong> are often used interchangeably\u2014but they\u2019re not exactly the same<\/mark><\/strong>. A closer look reveals two distinct perspectives on the same process.<\/p>\n\n\n\nPayment terms: The agreement<\/h3>\n\n\n\nPayment terms are a contractual arrangement<\/strong>. They\u2019re usually stated on the invoice and define when the amount is due. They\u2019re based on mutual agreement between business partners.<\/p>\n\n\n\nExample:<\/strong>\u201cPayable within 30 days net\u201d is a classic payment term.<\/p>\n\n\n\nPayment deadline: The legal limit<\/h3>\n\n\n\nThe payment deadline refers to the legally permitted timeframe<\/strong> for settling an invoice when no specific payment terms have been agreed. In the U.S., this is governed by contract law and may vary by state or industry. In Germany, for example, the law states that 30 days after receiving the invoice<\/strong>, the payer is automatically in default\u2014unless they\u2019re a consumer (\u00a7\u202f286 Abs.\u202f3 BGB).<\/p>\n\n\n\nWhy does the distinction matter?<\/h3>\n\n\n\n\nPayment terms<\/strong> are a flexible tool in business transactions.<\/li>\n\n\n\nPayment deadlines<\/strong> serve as a legal safeguard when no agreement exists.<\/li>\n<\/ul>\n\n\n\nAnyone handling invoices should understand both concepts and apply them appropriately. A clearly defined payment term creates certainty before legal deadlines come into play.<\/p>\n\n\n\n<\/div>\n\n\n\n<\/div>\n\n\n\n<\/a>\n\n\neasy<\/span>archive<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nArchive data securely and compliant.<\/p>\n\n\n\nDiscover easy archive<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n\n<\/a>\n\n\neasy<\/span>invoice<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nDigitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
In some cases, payment terms may be tied to other events, such as:<\/mark><\/strong><\/p>\n\n\n\n\nGoods receipt<\/strong>: relevant for delivery contracts with shipping notices<\/li>\n\n\n\nService completion<\/strong>: common in project-based work<\/li>\n\n\n\nInvoice receipt<\/strong>: especially in public sector or international transactions<\/li>\n<\/ul>\n\n\n\nExample:<\/strong>An invoice dated October 1 with \u201cNet 30 days\u201d is due by October 31\u2014assuming the terms refer to the invoice date.<\/p>\n\n\n\nCommon payment terms<\/h2>\n\n\n\nIn practice, payment terms vary depending on industry, contract type, and customer relationship. They not only define the payment period but also serve as a tool to encourage prompt payment.<\/p>\n\n\n\nTypical formats include:<\/p>\n\n\n\n\nDue immediately without deduction<\/strong>Payment is expected right after receiving the invoice. Common for digital services or direct purchases.<\/li>\n\n\n\nNet 14 days<\/strong>Payment within 14 calendar days from the invoice date, without any discount. Often used in service contracts.<\/li>\n\n\n\nNet 30 days<\/strong>Payment within 30 days, also without discount. A standard in B2B transactions, especially for recurring deliveries.<\/li>\n\n\n\nDiscount terms (Skonto)<\/strong>Example: \u201c2% discount if paid within 10 days, otherwise net 30 days.\u201d<\/em>This format rewards early payment with a price reduction and is widely used in retail and wholesale.<\/li>\n\n\n\nCustom agreements<\/strong>In long-term projects or with public clients, longer payment terms may be agreed\u2014such as 60 or 90 days.<\/li>\n<\/ul>\n\n\n\nThe choice of payment terms directly affects the liquidity<\/mark> of both parties<\/mark>. Longer terms offer more flexibility for the payer, while the issuer must wait longer for incoming funds.<\/p>\n\n\n\nPayment terms vs. payment deadline<\/h2>\n\n\n\nThe terms payment terms<\/strong> and payment deadline<\/strong> are often used interchangeably\u2014but they\u2019re not exactly the same<\/mark><\/strong>. A closer look reveals two distinct perspectives on the same process.<\/p>\n\n\n\nPayment terms: The agreement<\/h3>\n\n\n\nPayment terms are a contractual arrangement<\/strong>. They\u2019re usually stated on the invoice and define when the amount is due. They\u2019re based on mutual agreement between business partners.<\/p>\n\n\n\nExample:<\/strong>\u201cPayable within 30 days net\u201d is a classic payment term.<\/p>\n\n\n\nPayment deadline: The legal limit<\/h3>\n\n\n\nThe payment deadline refers to the legally permitted timeframe<\/strong> for settling an invoice when no specific payment terms have been agreed. In the U.S., this is governed by contract law and may vary by state or industry. In Germany, for example, the law states that 30 days after receiving the invoice<\/strong>, the payer is automatically in default\u2014unless they\u2019re a consumer (\u00a7\u202f286 Abs.\u202f3 BGB).<\/p>\n\n\n\nWhy does the distinction matter?<\/h3>\n\n\n\n\nPayment terms<\/strong> are a flexible tool in business transactions.<\/li>\n\n\n\nPayment deadlines<\/strong> serve as a legal safeguard when no agreement exists.<\/li>\n<\/ul>\n\n\n\nAnyone handling invoices should understand both concepts and apply them appropriately. A clearly defined payment term creates certainty before legal deadlines come into play.<\/p>\n\n\n\n<\/div>\n\n\n\n<\/div>\n\n\n\n<\/a>\n\n\neasy<\/span>archive<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nArchive data securely and compliant.<\/p>\n\n\n\nDiscover easy archive<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n\n<\/a>\n\n\neasy<\/span>invoice<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nDigitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Example:<\/strong>An invoice dated October 1 with \u201cNet 30 days\u201d is due by October 31\u2014assuming the terms refer to the invoice date.<\/p>\n\n\n\nCommon payment terms<\/h2>\n\n\n\nIn practice, payment terms vary depending on industry, contract type, and customer relationship. They not only define the payment period but also serve as a tool to encourage prompt payment.<\/p>\n\n\n\nTypical formats include:<\/p>\n\n\n\n\nDue immediately without deduction<\/strong>Payment is expected right after receiving the invoice. Common for digital services or direct purchases.<\/li>\n\n\n\nNet 14 days<\/strong>Payment within 14 calendar days from the invoice date, without any discount. Often used in service contracts.<\/li>\n\n\n\nNet 30 days<\/strong>Payment within 30 days, also without discount. A standard in B2B transactions, especially for recurring deliveries.<\/li>\n\n\n\nDiscount terms (Skonto)<\/strong>Example: \u201c2% discount if paid within 10 days, otherwise net 30 days.\u201d<\/em>This format rewards early payment with a price reduction and is widely used in retail and wholesale.<\/li>\n\n\n\nCustom agreements<\/strong>In long-term projects or with public clients, longer payment terms may be agreed\u2014such as 60 or 90 days.<\/li>\n<\/ul>\n\n\n\nThe choice of payment terms directly affects the liquidity<\/mark> of both parties<\/mark>. Longer terms offer more flexibility for the payer, while the issuer must wait longer for incoming funds.<\/p>\n\n\n\nPayment terms vs. payment deadline<\/h2>\n\n\n\nThe terms payment terms<\/strong> and payment deadline<\/strong> are often used interchangeably\u2014but they\u2019re not exactly the same<\/mark><\/strong>. A closer look reveals two distinct perspectives on the same process.<\/p>\n\n\n\nPayment terms: The agreement<\/h3>\n\n\n\nPayment terms are a contractual arrangement<\/strong>. They\u2019re usually stated on the invoice and define when the amount is due. They\u2019re based on mutual agreement between business partners.<\/p>\n\n\n\nExample:<\/strong>\u201cPayable within 30 days net\u201d is a classic payment term.<\/p>\n\n\n\nPayment deadline: The legal limit<\/h3>\n\n\n\nThe payment deadline refers to the legally permitted timeframe<\/strong> for settling an invoice when no specific payment terms have been agreed. In the U.S., this is governed by contract law and may vary by state or industry. In Germany, for example, the law states that 30 days after receiving the invoice<\/strong>, the payer is automatically in default\u2014unless they\u2019re a consumer (\u00a7\u202f286 Abs.\u202f3 BGB).<\/p>\n\n\n\nWhy does the distinction matter?<\/h3>\n\n\n\n\nPayment terms<\/strong> are a flexible tool in business transactions.<\/li>\n\n\n\nPayment deadlines<\/strong> serve as a legal safeguard when no agreement exists.<\/li>\n<\/ul>\n\n\n\nAnyone handling invoices should understand both concepts and apply them appropriately. A clearly defined payment term creates certainty before legal deadlines come into play.<\/p>\n\n\n\n<\/div>\n\n\n\n<\/div>\n\n\n\n<\/a>\n\n\neasy<\/span>archive<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nArchive data securely and compliant.<\/p>\n\n\n\nDiscover easy archive<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n\n<\/a>\n\n\neasy<\/span>invoice<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nDigitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
In practice, payment terms vary depending on industry, contract type, and customer relationship. They not only define the payment period but also serve as a tool to encourage prompt payment.<\/p>\n\n\n\n
Typical formats include:<\/p>\n\n\n\n
The choice of payment terms directly affects the liquidity<\/mark> of both parties<\/mark>. Longer terms offer more flexibility for the payer, while the issuer must wait longer for incoming funds.<\/p>\n\n\n\nPayment terms vs. payment deadline<\/h2>\n\n\n\nThe terms payment terms<\/strong> and payment deadline<\/strong> are often used interchangeably\u2014but they\u2019re not exactly the same<\/mark><\/strong>. A closer look reveals two distinct perspectives on the same process.<\/p>\n\n\n\nPayment terms: The agreement<\/h3>\n\n\n\nPayment terms are a contractual arrangement<\/strong>. They\u2019re usually stated on the invoice and define when the amount is due. They\u2019re based on mutual agreement between business partners.<\/p>\n\n\n\nExample:<\/strong>\u201cPayable within 30 days net\u201d is a classic payment term.<\/p>\n\n\n\nPayment deadline: The legal limit<\/h3>\n\n\n\nThe payment deadline refers to the legally permitted timeframe<\/strong> for settling an invoice when no specific payment terms have been agreed. In the U.S., this is governed by contract law and may vary by state or industry. In Germany, for example, the law states that 30 days after receiving the invoice<\/strong>, the payer is automatically in default\u2014unless they\u2019re a consumer (\u00a7\u202f286 Abs.\u202f3 BGB).<\/p>\n\n\n\nWhy does the distinction matter?<\/h3>\n\n\n\n\nPayment terms<\/strong> are a flexible tool in business transactions.<\/li>\n\n\n\nPayment deadlines<\/strong> serve as a legal safeguard when no agreement exists.<\/li>\n<\/ul>\n\n\n\nAnyone handling invoices should understand both concepts and apply them appropriately. A clearly defined payment term creates certainty before legal deadlines come into play.<\/p>\n\n\n\n<\/div>\n\n\n\n<\/div>\n\n\n\n<\/a>\n\n\neasy<\/span>archive<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nArchive data securely and compliant.<\/p>\n\n\n\nDiscover easy archive<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n\n<\/a>\n\n\neasy<\/span>invoice<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nDigitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
The terms payment terms<\/strong> and payment deadline<\/strong> are often used interchangeably\u2014but they\u2019re not exactly the same<\/mark><\/strong>. A closer look reveals two distinct perspectives on the same process.<\/p>\n\n\n\nPayment terms: The agreement<\/h3>\n\n\n\nPayment terms are a contractual arrangement<\/strong>. They\u2019re usually stated on the invoice and define when the amount is due. They\u2019re based on mutual agreement between business partners.<\/p>\n\n\n\nExample:<\/strong>\u201cPayable within 30 days net\u201d is a classic payment term.<\/p>\n\n\n\nPayment deadline: The legal limit<\/h3>\n\n\n\nThe payment deadline refers to the legally permitted timeframe<\/strong> for settling an invoice when no specific payment terms have been agreed. In the U.S., this is governed by contract law and may vary by state or industry. In Germany, for example, the law states that 30 days after receiving the invoice<\/strong>, the payer is automatically in default\u2014unless they\u2019re a consumer (\u00a7\u202f286 Abs.\u202f3 BGB).<\/p>\n\n\n\nWhy does the distinction matter?<\/h3>\n\n\n\n\nPayment terms<\/strong> are a flexible tool in business transactions.<\/li>\n\n\n\nPayment deadlines<\/strong> serve as a legal safeguard when no agreement exists.<\/li>\n<\/ul>\n\n\n\nAnyone handling invoices should understand both concepts and apply them appropriately. A clearly defined payment term creates certainty before legal deadlines come into play.<\/p>\n\n\n\n<\/div>\n\n\n\n<\/div>\n\n\n\n<\/a>\n\n\neasy<\/span>archive<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nArchive data securely and compliant.<\/p>\n\n\n\nDiscover easy archive<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n\n<\/a>\n\n\neasy<\/span>invoice<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nDigitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Payment terms are a contractual arrangement<\/strong>. They\u2019re usually stated on the invoice and define when the amount is due. They\u2019re based on mutual agreement between business partners.<\/p>\n\n\n\nExample:<\/strong>\u201cPayable within 30 days net\u201d is a classic payment term.<\/p>\n\n\n\nPayment deadline: The legal limit<\/h3>\n\n\n\nThe payment deadline refers to the legally permitted timeframe<\/strong> for settling an invoice when no specific payment terms have been agreed. In the U.S., this is governed by contract law and may vary by state or industry. In Germany, for example, the law states that 30 days after receiving the invoice<\/strong>, the payer is automatically in default\u2014unless they\u2019re a consumer (\u00a7\u202f286 Abs.\u202f3 BGB).<\/p>\n\n\n\nWhy does the distinction matter?<\/h3>\n\n\n\n\nPayment terms<\/strong> are a flexible tool in business transactions.<\/li>\n\n\n\nPayment deadlines<\/strong> serve as a legal safeguard when no agreement exists.<\/li>\n<\/ul>\n\n\n\nAnyone handling invoices should understand both concepts and apply them appropriately. A clearly defined payment term creates certainty before legal deadlines come into play.<\/p>\n\n\n\n<\/div>\n\n\n\n<\/div>\n\n\n\n<\/a>\n\n\neasy<\/span>archive<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nArchive data securely and compliant.<\/p>\n\n\n\nDiscover easy archive<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n\n<\/a>\n\n\neasy<\/span>invoice<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nDigitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Example:<\/strong>\u201cPayable within 30 days net\u201d is a classic payment term.<\/p>\n\n\n\nPayment deadline: The legal limit<\/h3>\n\n\n\nThe payment deadline refers to the legally permitted timeframe<\/strong> for settling an invoice when no specific payment terms have been agreed. In the U.S., this is governed by contract law and may vary by state or industry. In Germany, for example, the law states that 30 days after receiving the invoice<\/strong>, the payer is automatically in default\u2014unless they\u2019re a consumer (\u00a7\u202f286 Abs.\u202f3 BGB).<\/p>\n\n\n\nWhy does the distinction matter?<\/h3>\n\n\n\n\nPayment terms<\/strong> are a flexible tool in business transactions.<\/li>\n\n\n\nPayment deadlines<\/strong> serve as a legal safeguard when no agreement exists.<\/li>\n<\/ul>\n\n\n\nAnyone handling invoices should understand both concepts and apply them appropriately. A clearly defined payment term creates certainty before legal deadlines come into play.<\/p>\n\n\n\n<\/div>\n\n\n\n<\/div>\n\n\n\n<\/a>\n\n\neasy<\/span>archive<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nArchive data securely and compliant.<\/p>\n\n\n\nDiscover easy archive<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n\n<\/a>\n\n\neasy<\/span>invoice<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nDigitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
The payment deadline refers to the legally permitted timeframe<\/strong> for settling an invoice when no specific payment terms have been agreed. In the U.S., this is governed by contract law and may vary by state or industry. In Germany, for example, the law states that 30 days after receiving the invoice<\/strong>, the payer is automatically in default\u2014unless they\u2019re a consumer (\u00a7\u202f286 Abs.\u202f3 BGB).<\/p>\n\n\n\nWhy does the distinction matter?<\/h3>\n\n\n\n\nPayment terms<\/strong> are a flexible tool in business transactions.<\/li>\n\n\n\nPayment deadlines<\/strong> serve as a legal safeguard when no agreement exists.<\/li>\n<\/ul>\n\n\n\nAnyone handling invoices should understand both concepts and apply them appropriately. A clearly defined payment term creates certainty before legal deadlines come into play.<\/p>\n\n\n\n<\/div>\n\n\n\n<\/div>\n\n\n\n<\/a>\n\n\neasy<\/span>archive<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nArchive data securely and compliant.<\/p>\n\n\n\nDiscover easy archive<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n\n<\/a>\n\n\neasy<\/span>invoice<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nDigitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Anyone handling invoices should understand both concepts and apply them appropriately. A clearly defined payment term creates certainty before legal deadlines come into play.<\/p>\n\n\n\n
Archive data securely and compliant.<\/p>\n\n\n\nDiscover easy archive<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n\n<\/a>\n\n\neasy<\/span>invoice<\/span><\/mark><\/h2>\n\n<\/div>\n\n<\/div>\n\n\n\nDigitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Digitally verify and approve invoices.<\/p>\n\n\n\nDiscover easy invoice<\/span> <\/path><\/svg><\/span><\/span>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
<\/p>\n","protected":false},"excerpt":{"rendered":"
When is an invoice due: immediately, in 14 days, after a month, or even half a year later?<\/p>\n","protected":false},"author":62,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-220791","glossar","type-glossar","status-publish","format-standard","hentry","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/users\/62"}],"version-history":[{"count":0,"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/glossar\/220791\/revisions"}],"wp:attachment":[{"href":"https:\/\/easy-software.com\/en\/wp-json\/wp\/v2\/media?parent=220791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}