Invoice Payment Terms Calculator

Determine the due date for an invoice payment.

Invoice Date

Payment Terms (in days)

Payment Due Date

Due Date N/A

Understanding Invoice Payment Terms

Setting clear payment terms is crucial for managing your business's cash flow. This calculator helps you quickly determine the due date for an invoice based on the invoice date and the payment terms you've agreed upon with your client.

Frequently Asked Questions

What are common payment terms?

Common payment terms include "Net 30" (payment due in 30 days), "Net 60", and "Due upon receipt". The terms you choose can depend on your industry, your relationship with the client, and your cash flow needs.

What happens if a payment is late?

It's important to have a clear policy for late payments. This might include sending reminders, charging late fees, or pausing work until the payment is made. Clear communication is key.