What does net 30 mean on an invoice?

Net 30 means the full amount is due 30 calendar days after the invoice date. If you invoice on 1 March, payment is due on 31 March.

What does 30 days end of month mean?

Payment is due 30 days after the last day of the month the invoice is dated. An invoice dated 10 March is due 30 April.

What if no payment terms are agreed in the UK?

For business-to-business sales, UK late payment law treats payment as late 30 days after the customer receives the invoice or the goods or services, whichever is later.

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Net 30 and end of month, explained

"30 days" or "net 30" counts 30 calendar days from the invoice date. "End of month" means the last day of the month the invoice is dated, and "30 days end of month" adds 30 days on top of that, so an invoice dated 10 March is due 30 April.

If the due date passes

Send a polite reminder straight away. For business customers in the UK you can also claim statutory interest and a fixed fee once an invoice is late; the late payment calculator works out how much.

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