Hi,




I've tried googling this, but got no revelant results.
Question is, if an advertisement company's payment terms are Net 35 it means it's paid 35 days after the last day of each month.


So if it's July's payments, it would be paid on September the 4th?

NET Terms is normally calculated as payment in full (x) days from the day of invoice or date of service.

Similar to http://en.wikipedia.org/wiki/Net_30
but with 35 not 30 :p