Net 60
Net 60 means the invoice is due 60 days after the invoice date.
Net 60 gives the buyer 60 calendar days from the invoice date to pay. It is common with large enterprises and government buyers whose approval chains are slow. Sellers accepting Net 60 should factor the two-month wait into cash flow planning and may price accordingly.
Example
A supplier invoices a retailer on January 5 with Net 60 terms; payment is due March 6.
Related terms
Frequently asked questions
Why would I ever accept Net 60?
Large customers often make it a condition of doing business. The trade-off is a big, reliable order volume — but you must have the cash reserves to wait two months for payment.
Can I charge interest on Net 60 invoices paid late?
Yes, if your contract or terms allow it. State the late-payment rate upfront; many businesses add it to their standard terms so it applies automatically to every invoice.
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