payment due on receipt of invoice what does it mean when an invoice is due & payabledue and payable "due and payable" indicates that a specified amount of money is due and the time has arrived where payment is required ten invoices state additional terms such as that payment must be made within 30 days or else a late fee will be charged.due upon receipt vs net 30 what are the best invoicefor example an invoice that states "$1 000 net 15" means that you expect payment of $1 000 within 15 days of you pleting the project typically net d invoices are due within 10 15 or 30 days the main advantage of net d invoices is that they give your client time to enough money in their account to pay you.
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