Urgent Query MAFA SFM

What does " 2/10 net 90 " mean in case of paymnet of contract amount????

Replies (2)

Dear,

2/10 net 90 means

90 days credit period is allowed to customer/ client...
 

& If payment is made within 10 Days.....Then 2% Discount is to be given.


This term is very useful in Finance.

Thanks.

thanku..

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