Invoicing glossary
Net 15
Net 15 is a payment term meaning the full invoice amount is due within 15 days of the invoice date.
Net 15: a clear definition
Net 15 strikes a balance between giving clients time to pay and keeping your cash flow healthy. It's a popular choice for freelancers and small agencies who want faster payment than the traditional Net 30 without demanding immediate payment.
Net 15 in Invco
Yes. Write “Net 15” in the payment terms field and set a due date 15 days out. Invco prints both on the invoice PDF and marks the invoice overdue if it passes that date unpaid.
Invco is invoicing software for people who run more than one company. Design your own invoice template or upload your existing invoice PDF, and Invco calculates subtotals, tax and totals, numbers each invoice sequentially and emails it as a branded PDF from your own address. Plans from $10/month.
Related terms
- Net 30Net 30 is a payment term meaning the full invoice amount is due within 30 days of the invoice date.
- Due on receipt“Due on receipt” means payment is expected immediately, as soon as the client receives the invoice.
- Payment termsPayment terms are the conditions under which you expect to be paid — when payment is due and how it should be made.
Frequently asked questions
What is Net 15?
Net 15 is a payment term meaning the full invoice amount is due within 15 days of the invoice date.
Can I use Net 15 terms in Invco?
Yes. Write “Net 15” in the payment terms field and set a due date 15 days out. Invco prints both on the invoice PDF and marks the invoice overdue if it passes that date unpaid.
What is Net 30?
Net 30 is a payment term meaning the full invoice amount is due within 30 days of the invoice date.
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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