What are payment terms?
Payment terms define when an invoice must be paid. Common formats include due on receipt and Net terms such as Net 30, which means payment is due 30 days after the invoice date.
Payment Terms Calculator
Calculate invoice due dates from common payment terms and see whether an invoice is upcoming, due today, or overdue.
Calculate due date to see payment term details and invoice status.
Common Net payment terms
Net 7 gives customers one week to pay. Net 15 and Net 30 are widely used for small business invoices. Net 45 and Net 60 extend the payment window but delay cash collection and increase receivables exposure.
How to choose payment terms
Balance customer expectations with your cash flow needs. Shorter terms improve liquidity; longer terms may help close deals but require stronger follow-up. Match terms to client reliability, invoice size, and industry norms.
Automate due dates with Arrexia
Arrexia applies payment terms to every invoice, calculates due dates automatically, and sends reminders before and after the due date so your team stays on top of accounts receivable.
Apply payment terms and reminders automatically with Arrexia
Set default terms per client, calculate due dates on every invoice, and improve collections without manual spreadsheet tracking.