In the ordinary dating of invoices, what does n / 45 means

Question

Mathematics

Julia Park

7 October, 16:03

In the ordinary dating of invoices, what does n / 45 means

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Answers (1)

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Lukas Wise · Answer 1

the net amount is due in 45 days

Step-by-step explanation:

Invoice terms often have a discount for early payment, and a specification as to the date by which payment in full is expected. n/45 means the net amount of the invoice is due in 45 days.