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Do-It-Yourself (DIY) Question & Answer Forum
Settlement Discount
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<blockquote data-quote="Lec" data-source="post: 29375" data-attributes="member: 1801"><p>Settlement discount is the choice of the wholesaler offered as a carrot to get your regular business and then to get you to pay on time.</p><p></p><p>30 day accounts - Settlement discount normally payable by the last day of the month following the month of invoice.</p><p></p><p>60 day accounts - Settlement discount normally payable by the last day of the second month following the month of invoice.</p></blockquote><p></p>
[QUOTE="Lec, post: 29375, member: 1801"] Settlement discount is the choice of the wholesaler offered as a carrot to get your regular business and then to get you to pay on time. 30 day accounts - Settlement discount normally payable by the last day of the month following the month of invoice. 60 day accounts - Settlement discount normally payable by the last day of the second month following the month of invoice. [/QUOTE]
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Settlement Discount
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