How do I calculate the terms of an invoice?
Invoice date: Nov 24
Terms: 1/9 - 20x
I incorrectly calculated Discount dat: Dec 2; net payment date: Dec 22
or
Invoice amt: $735.43
Invoice date: Sept 14
Terms: 2/15 EOM
Goods rec'd: Sept 17
Date paid: Oct 13
I incorrectly calculated Amount of discount: $0; amount due: $735.48
Invoice date: Nov 24
Terms: 1/9 - 20x
I incorrectly calculated Discount dat: Dec 2; net payment date: Dec 22
or
Invoice amt: $735.43
Invoice date: Sept 14
Terms: 2/15 EOM
Goods rec'd: Sept 17
Date paid: Oct 13
I incorrectly calculated Amount of discount: $0; amount due: $735.48
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