Disclaimer: This is a user generated content submitted by a member of the WriteUpCafe Community. The views and writings here reflect that of the author and not of WriteUpCafe. If you have any complaints regarding this post kindly report it to us.

https://www.deskera.com/blog/payment-terms-invoicing/

A payment term (30 Days, 60 Days) indicates the period given before payment for an invoice is considered due and is usually shown on the invoice sent.