Due on receipt, Net 15 and Net 30: check your invoice terms

What each term communicates

Due on receipt / Due upon receipt

Payment is due when the invoice is received. Use this when it matches your agreement.

Net 15

Payment within 15 days of the agreed starting date.

Net 30

Payment within 30 days of the agreed starting date.

Balance due on completion

The remaining balance is due when the work is completed.

Net 15 and Net 30 usually start from the invoice date. If your agreement starts from receipt or uses another rule, state that clearly and use the same starting point in your calculation.

One painting job, two possible terms

Fictional example: the payment period starts on October 23, 2026. This calculation uses calendar days without moving a weekend due date to a business day.

Terms, date and balance are separate details

Payment terms

The payment rule, such as Net 15.

Due date

The specific date payment is due, such as November 7, 2026.

Balance due

The amount still outstanding.

Past due / Overdue

The due date has passed and a balance is still outstanding.

Paid in full

The full payment has been received.

If the job costs $500 and you have received $150, the balance is $350. Writing Net 15 does not record that payment or change the balance by itself.

Check before sharing

1. Compare the payment terms with your agreement with the customer.
2. In the Invoicista editor, check the due date separately. Changing the terms text does not confirm that the date is correct.
3. Open the PDF and check the terms, date and balance. If the agreement changed, send the updated version.