It is a payment term, and usually means that the total amount will be paid 60 days after the end of the month in which the invoice is dated. For example, January dated invoices will be paid on April 1, and February invoices will be paid about April 29. As you can see, it is to the buyer's advantage to have this term, as it can have an effective range of 60 to 90 days to pay for the purchase.
Means 6 days after the end month of invoice date.
eg: invoice billed on July 1st and July 30th will both be paid by Sept 30th
EOM means "End of Month"
The total bill is due 15 days after month end
30 days eom
EOM stands for "end of month". Net 10 EOM means that the net amount of the account is due 10 days after the end of the month which the sale was made. Eg. Customer buys $25,134 worth of merchandise from your store on 14th July. N10 EOM credit terms means that this account must be paid by the 10th June. Hope that helps Edit: I believe in the example that the original poster meant 10th August as the pay date as 10th June would be roughly 11 months after purchase.
In my area they mean payment is due 30 or 60 days from invoice date, respectively. -- days net or -- days DOI meaning the same thing.
EOM means "End of Month"
The total bill is due 15 days after month end
30 days eom
An invoice dated 4/21/10 with Net 10 EOM+60 Days will be due within 10 days of the end of month (5/10/10) with an additional 60 days after that. So the due date will be 5/10/10 plus 60....actual due date is 7/09/10.
End of Message
EOM stands for "end of month". Net 10 EOM means that the net amount of the account is due 10 days after the end of the month which the sale was made. Eg. Customer buys $25,134 worth of merchandise from your store on 14th July. N10 EOM credit terms means that this account must be paid by the 10th June. Hope that helps Edit: I believe in the example that the original poster meant 10th August as the pay date as 10th June would be roughly 11 months after purchase.
Jo Eom died in 1777.
Jo Eom was born in 1719.
Eom? Possibly Eoin? It is a Gaelic form of John.
eom
Eom Sang Hyeon was born on 1971-12-29.
In my area they mean payment is due 30 or 60 days from invoice date, respectively. -- days net or -- days DOI meaning the same thing.