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Payment terms confusion

Baskar (Finance officer)     13 December 2019

Finance officer 
 2 likes  57 points

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Payment terms of an invoice is ,15 days month end. What it actually means?

For example

Invoice date 5.11.19

Payment terms: 15 days month end (i.e.30.11.19)

What is the due date for above invoice?


Gokul Sharma (jamshedpur)     14 December 2019

Gokul Sharma
 106 likes  3244 points

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Ask for the seller.... ask for clarification


Himanshu Mittal (CA Trainee)     14 December 2019

Himanshu Mittal
CA Trainee 
 31 points

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Due date of invoice is 5.11.2019

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