2/10, n/30, or 2/10 EOM?

This 2% will be gone on 10 October if you purchase on 26 September. This is because the expiration date for the discount is far off. In this instance, the term of payment associated with the order is 2/10,n/30. That means a 2% reduction can be given if payment is made within 10 days. Otherwise the full amount is required to be paid in 30 days from the invoice date.

The 2/10 EOM is the best option for me as an art student. The customer can choose to get a 2 percentage points discount if the full amount is paid within 10 days, either at the beginning or end of a month. The flexibility of this payment term is ideal for anyone who wants to manage their finances.

Overall, understanding different types of payment terms can help save money by taking advantage of discounts offered while also ensuring businesses receive payments quicker – both benefits that should not be overlooked regardless of profession or lifestyle!