Invoicing explained
Net 30 vs Due on receipt
Net 30 gives the client 30 days to pay from the invoice date; due on receipt asks for payment immediately. Due on receipt gets you paid faster; Net 30 is more standard for established B2B clients.
What is Net 30?
Net 30 means the full amount is due within 30 days. It's a common, professional term for business clients and gives them time to process payment through their accounts-payable cycle.
What is due on receipt?
Due on receipt means payment is expected as soon as the invoice arrives. It's best for one-off jobs, new clients, or smaller amounts where you want to be paid right away.
Net 30 vs Due on receipt: the key differences
Here's how Net 30 and due on receipt differ at a glance:
- Speed — due on receipt is fastest; Net 30 gives a 30-day window.
- Best for — due on receipt: new/one-off clients; Net 30: established B2B.
- Cash flow — shorter terms keep more cash in your business.
How this works in Invco
Each Invco invoice has a payment terms field and a due date, and both print on the PDF. Write “Net 30” or “Due on receipt” and set the matching due date. If a sent invoice passes its due date without being marked paid, Invco flags it as overdue automatically.
Invco is invoicing software for people who run more than one company. Design your own invoice template or upload your existing invoice PDF, add line items with per-line tax and discounts, and Invco calculates the totals, numbers each invoice sequentially and emails it as a branded PDF from your own address. Every invoice is tracked from draft to sent to paid, and overdue ones are flagged automatically. Plans from $10/month.
More invoicing comparisons
- Invoice vs EstimateAn estimate is a non-binding projection of what a job will cost, sent before the work.
- Invoice vs ReceiptAn invoice requests payment for goods or services; a receipt confirms that payment has been made.
- Invoice vs QuoteA quote is a fixed price offered before the work; an invoice is the bill sent after it.
- Proforma Invoice vs InvoiceA proforma invoice is a preliminary invoice that sets out the expected cost before delivery; a final invoice is the formal request for payment after delivery.
Frequently asked questions
What is the difference between Net 30 and due on receipt?
Net 30 gives the client 30 days to pay from the invoice date; due on receipt asks for payment immediately. Due on receipt gets you paid faster; Net 30 is more standard for established B2B clients.
How do I set payment terms on an Invco invoice?
Each Invco invoice has a payment terms field and a due date, and both print on the PDF. Write “Net 30” or “Due on receipt” and set the matching due date. If a sent invoice passes its due date without being marked paid, Invco flags it as overdue automatically.
How much does Invco cost?
Starter is $10/month for 1 company, Growth is $20/month for up to 3 companies, Pro is $30/month for up to 8 companies, Scale is $50/month for up to 20 companies, and Unlimited is $100/month with no cap. Every plan includes every feature, with no per-invoice fees, and you get a full refund if you cancel within 7 days of a charge.
Invoice the easy way with Invco
Design your invoice template, send branded PDFs from your own email address, and see what's paid and overdue for every company. Plans from $10/month, with a full refund within 7 days.
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