Hamid, Billing terms are the terms under which a vendor extends credit to a customer They can be quite variable. A vendor could require payment within 7 days for example. Often where a regular customer has an account it can be a 30day period. It may also include additional conditions such as interest on the amount owing if not paid by the due date.
These are often expressed in a shorthand form in English language invoices. The following website https://due.com/blog/10-invoicing-terms-need-know/ lists some common forms. In most countries they are likely to be defined in the laws governing contracts or by commercial practice David Cousens ----- David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-Dev-f1435356.html _______________________________________________ gnucash-devel mailing list gnucash-devel@gnucash.org https://lists.gnucash.org/mailman/listinfo/gnucash-devel
