Glossary entry

Danish term or phrase:

løbende måned plus 30 dage netto

English translation:

current month plus 30 days net

Added to glossary by Charlesp
Apr 6, 2010 22:33
14 yrs ago
5 viewers *
Danish term

løbende måned plus 30 dage netto

Danish to English Bus/Financial Accounting
I would translate this as "Net 30 EOM"

Any other suggestions?

Proposed translations

+4
7 hrs
Selected

current month + 30 days net

I think what they mean is, you send us your bill, and you'll get paid "net" at the end of the following month, which could mean up to two months of free credit, if you send an invoice in the beginning of a month. It sounds like a very common practice. Most business people expect to be paid "net" 30 days after they send an invoice, but those who are supposed to pay have their own twist on this.
Peer comment(s):

agree Christine Andersen : This is indeed a very common practice, like it or not!
4 mins
agree Christina Kjaergaard
9 mins
agree Eva Harbo Andersen (X)
4 hrs
agree Helen Johnson : Dead right...
1 day 9 hrs
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3 KudoZ points awarded for this answer. Comment: "Thanks for the detailed explanation (not that it fully clarifies it). Yes, I saw the definition you used in the dictionary, however I dont think one would find these terms on an invoice in the English speaking commercial world."
343 days

Payment of the Price (and VAT) shall be due within 30 days of the month of (supply)

Payment of the Price (and VAT) shall be due within 30 days of the month of (supply)

'Løbende måned plus 30 dage netto' er normalt angivet under betalingsbetingelser i en kontrakt.

Det kan ikke direkte oversættes men tæt på, du skal bare vide hvornår de træder i kraft, er det ved levering, ud fra fakturadato eller?. Er det inklusiv moms? Ovenstående er et forslag hvor du kan ændre indholdet i parentes for at tilpasse teksten den pågældende kontekst.
Example sentence:

Payment of the Price (and VAT) shall be due within 30 days of the month of (supply)

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