Payment Terms Due Date Calculator

About This Tool

This tool converts standard invoice payment terms into specific due dates based on the invoice date. It supports End of Month (EOM) terms and early payment discount terms commonly used in international trade.

Common Payment Terms Explained

• Due on Receipt: Payment is due immediately upon receipt of the invoice
• Net 30 / Net 60 / Net 90: Payment is due within 30 / 60 / 90 days from the invoice date
• Net 30 EOM: Payment is due 30 days after the end of the invoice month (i.e., end of the following month)
• 2/10 Net 30: A 2% discount if paid within 10 days; otherwise, full payment is due within 30 days. Widely used as an early payment discount in international business
• 1/10 Net 30: Same structure with a 1% discount
• T/T (Telegraphic Transfer): A wire transfer payment method, separate from payment terms
• L/C (Letter of Credit): A bank-guaranteed payment method used in international trade

Example: How 2/10 Net 30 Works

For a $10,000 invoice with "2/10 Net 30" terms, paying within 10 days earns a $200 discount, reducing the payment to $9,800. On an annualized basis, this represents roughly a 37% return for the buyer (just by paying 20 days early), which is why many businesses actively take advantage of early payment discounts.

Note: This tool does not account for due dates falling on weekends or public holidays. Actual payment deadlines depend on the specific terms agreed upon between trading parties.