17 articles
Net 7 means pay within 7 days of the invoice date; Net 14 means within 14 days. Worked NZ due dates, how they compare to Net 30 and the 20th, and when suppliers should use them.
Read article2/10 Net 30 means a 2% discount if paid within 10 days, otherwise the full amount is due in 30. See the worked maths and whether NZ suppliers actually use it.
Read articleCOD in business means Cash on Delivery: payment is due when goods arrive, not on a later invoice date. See what COD payment terms mean on a wholesale invoice and how to move customers off them.
Read articleCWO means Cash With Order — payment is due when the order is placed, before it's fulfilled. See how CWO compares to CIA, PIA and COD.
Read articlePIA stands for Payment in Advance — the same as CIA. See exactly what it means, how it compares to CIA, and when NZ suppliers use it.
Read articleCIA payment terms mean Cash in Advance — the customer pays in full before goods or services are supplied. See when NZ suppliers ask for it and how to move a customer off it.
Read articleA quick-reference table of every common payment terms abbreviation used on NZ invoices — Net 7/30/60/90, EOM, COD, CIA, PIA, CWO and more — with plain-English meanings.
Read article30 days EOM (also written EOM 30) means an invoice is due 30 days after the end of the month it was issued in. See a worked NZ example and how it differs from Net 30 and the 20th of the month following.
Read articleCompare Net 30 and Net 60 payment terms: the cash-flow trade-off, when each makes sense, and a third option that lets you offer flexibility without the wait.
Read articleNet 60 means an invoice is due 60 days after the invoice date. See who typically asks for it, the cash-flow risk it creates for suppliers, and how it compares to Net 30.
Read articleNet 30 means an invoice is due 30 days after the invoice date. See a worked NZ example, how it compares to EOM 30, and what to do if it strains your cash flow.
Read articleNot every NZ business can get 30 or 60 day supplier terms. Here are 5 alternatives to trade credit — from credit cards and overdrafts to B2B instalments through PaidTerms.
Read articleAn upfront payment is paid before goods or services are delivered. Compare upfront payment, deposits, trade terms and funded instalments to decide which payment structure may suit your customers and business.
Read articleLearn how suppliers can offer customers flexible payment terms without funding the repayment period or managing instalment collections themselves.
Read articleUnderstand the cash-flow, administration, credit and collection costs suppliers take on when they offer trade credit directly to customers.
Read articleLearn how 20th of the month following payment terms work in New Zealand, how to calculate the due date and what they mean for supplier cash flow.
Read articleCompare traditional trade accounts with business instalments, including supplier cash flow, customer repayments, credit exposure and when each option may suit.
Read articleEnabling NZ wholesalers to offer instalments as a payment option, while getting paid up front in full.
