{"id":32327,"date":"2024-05-28T11:33:32","date_gmt":"2024-05-28T11:33:32","guid":{"rendered":"https:\/\/www.factris.com\/?page_id=32327"},"modified":"2024-05-28T11:36:52","modified_gmt":"2024-05-28T11:36:52","slug":"knowledge-base-payment-term","status":"publish","type":"page","link":"https:\/\/www.factris.com\/en\/knowledge-base\/payment-term\/","title":{"rendered":"Payment term (Knowledge base)"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#D8DAEE&#8221; z_index=&#8221;9999&#8243; custom_padding=&#8221;||||false|false&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_row use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;2&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;900px&#8221; custom_padding=&#8221;||||true|false&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; header_text_color=&#8221;#000A54&#8243; header_2_font=&#8221;|700|||||||&#8221; header_2_text_color=&#8221;#000A54&#8243; header_2_font_size=&#8221;27px&#8221; header_3_font=&#8221;|700|||||||&#8221; header_3_text_align=&#8221;left&#8221; header_3_text_color=&#8221;#000a54&#8243; header_3_font_size=&#8221;21px&#8221; min_height=&#8221;50px&#8221; hover_enabled=&#8221;0&#8243; header_2_line_height_tablet=&#8221;&#8221; header_2_line_height_phone=&#8221;1.4em&#8221; header_2_line_height_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h1>Payment term<\/h1>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;\/en\/knowledge-base&#8221; button_text=&#8221;Knowledge base&#8221; module_class=&#8221;btn-back&#8221; _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; custom_button=&#8221;on&#8221; button_text_color=&#8221;#001194&#8243; button_bg_color=&#8221;rgba(0,0,0,0)&#8221; button_font=&#8221;||||on||||&#8221; button_icon=&#8221;&#x23;||divi||400&#8243; button_icon_placement=&#8221;left&#8221; button_on_hover=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; button_text_color__hover_enabled=&#8221;off|hover&#8221; custom_padding__hover_enabled=&#8221;off|desktop&#8221; custom_padding__hover=&#8221;|||59px|false|false&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_button][et_pb_text _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|600|||||||&#8221; header_text_color=&#8221;#000A54&#8243; header_2_font=&#8221;|700|||||||&#8221; header_2_text_color=&#8221;#000A54&#8243; header_2_font_size=&#8221;27px&#8221; header_3_font=&#8221;|700|||||||&#8221; header_3_text_align=&#8221;left&#8221; header_3_text_color=&#8221;#000a54&#8243; header_3_font_size=&#8221;21px&#8221; hover_enabled=&#8221;0&#8243; header_2_line_height_tablet=&#8221;&#8221; header_2_line_height_phone=&#8221;1.4em&#8221; header_2_line_height_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h2>What is a payment term?<\/h2>\n<p>A <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.factris.com\/en\/news\/shortening-invoice-payment-periods\/\">payment term is the period of time<\/a><\/span> during which a customer or buyer of a product or service has time to pay the <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.factris.com\/en\/knowledge-base\/invoice\">invoice<\/a><\/span> to the supplier or seller. This can range from a few days to various months, depending on the agreed arrangements between the parties. A payment term can be explicitly stated on the invoice or agreed via a contract or general terms and conditions.<\/p>\n<p>It is essential to make clear agreements on the payment term to avoid disagreements or <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.factris.com\/en\/knowledge-base\/defaulters\">non-payment<\/a><\/span>. For companies, it is also essential to monitor payment terms to ensure that invoices are paid on time and to manage <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.factris.com\/en\/knowledge-base\/cash-flow\">cash flow<\/a><\/span>. In some cases, penalties or <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.factris.com\/en\/knowledge-base\/interest\">interest<\/a><\/span> may be charged if an invoice is not paid within the agreed payment period.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Payment termWhat is a payment term? A payment term is the period of time during which a customer or buyer of a product or service has time to pay the invoice to the supplier or seller. This can range from a few days to various months, depending on the agreed arrangements between the parties. A [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8570,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"[et_pb_section fb_built=\"1\" _builder_version=\"4.16\" _module_preset=\"default\" background_color=\"#D8DAEE\" z_index=\"9999\" custom_padding=\"||109px|||\" global_colors_info=\"{}\"][et_pb_row use_custom_gutter=\"on\" gutter_width=\"2\" make_equal=\"on\" _builder_version=\"4.16\" _module_preset=\"default\" max_width=\"900px\" custom_padding=\"0px||0px||true|false\" global_colors_info=\"{}\"][et_pb_column type=\"4_4\" _builder_version=\"4.16\" _module_preset=\"default\" global_colors_info=\"{}\"][et_pb_text _builder_version=\"4.20.4\" _module_preset=\"default\" header_font=\"|600|||||||\" header_text_color=\"#000A54\" header_font_size=\"46px\" header_2_font=\"|700|||||||\" header_2_text_color=\"#000A54\" header_2_font_size=\"27px\" header_3_font=\"|700|||||||\" header_3_text_align=\"left\" header_3_text_color=\"#000a54\" header_3_font_size=\"21px\" min_height=\"50px\" header_2_line_height_tablet=\"\" header_2_line_height_phone=\"1.4em\" header_2_line_height_last_edited=\"on|phone\" global_colors_info=\"{}\"]\n<h1>Betalingstermijn<\/h1>\n[\/et_pb_text][et_pb_button button_url=\"\/nl\/kennisbank\" button_text=\"Kennisbank\" module_class=\"btn-back\" _builder_version=\"4.20.4\" _module_preset=\"default\" custom_button=\"on\" button_text_color=\"#001194\" button_bg_color=\"rgba(0,0,0,0)\" button_font=\"||||on||||\" button_icon=\"&#x23;||divi||400\" button_icon_placement=\"left\" button_on_hover=\"off\" global_colors_info=\"{}\" button_text_color__hover_enabled=\"off|hover\" custom_padding__hover_enabled=\"off|desktop\" custom_padding__hover=\"|||59px|false|false\"][\/et_pb_button][et_pb_text _builder_version=\"4.20.4\" _module_preset=\"default\" header_font=\"|600|||||||\" header_text_color=\"#000A54\" header_font_size=\"46px\" header_2_font=\"|700|||||||\" header_2_text_color=\"#000A54\" header_2_font_size=\"27px\" header_3_font=\"|700|||||||\" header_3_text_align=\"left\" header_3_text_color=\"#000a54\" header_3_font_size=\"21px\" hover_enabled=\"0\" header_2_line_height_tablet=\"\" header_2_line_height_phone=\"1.4em\" header_2_line_height_last_edited=\"on|phone\" global_colors_info=\"{}\" sticky_enabled=\"0\"]\n<h2>Wat is betalingstermijn?<\/h2>\nEen <a href=\"https:\/\/www.factris.com\/nl\/nieuws\/betalingstermijn-van-facturen-verkorten\/\">betalingstermijn<\/a> is de periode waarin een klant of afnemer van een product of dienst de tijd heeft om de <a href=\"https:\/\/www.factris.com\/nl\/kennisbank\/factuur\/\">factuur<\/a> te betalen aan de leverancier of verkoper. Dit kan vari\u00ebren van enkele dagen tot enkele maanden, afhankelijk van de overeengekomen afspraken tussen de partijen. Een betalingstermijn kan expliciet worden vermeld op de factuur of worden overeengekomen via een contract of algemene voorwaarden.\n\nHet is belangrijk om duidelijke afspraken te maken over de betalingstermijn om onenigheid of <a href=\"https:\/\/www.factris.com\/nl\/kennisbank\/wanbetaler\/\">wanbetaling<\/a> te voorkomen. Voor bedrijven is het ook belangrijk om de betalingstermijnen te bewaken om ervoor te zorgen dat facturen op tijd worden betaald en om de <a href=\"https:\/\/www.factris.com\/nl\/kennisbank\/casflow\/\">cashflow<\/a> te beheren. In sommige gevallen kan er een boete of <a href=\"https:\/\/www.factris.com\/nl\/kennisbank\/rente\/\">rente<\/a> worden berekend als een factuur niet binnen de afgesproken betalingstermijn wordt betaald.\n\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]","_et_gb_content_width":"","footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is payment term? | Knowledge base | Factris<\/title>\n<meta name=\"description\" content=\"Find out what a payment term is and discover the importance of clear agreements to avoid disagreement or non-payment.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.factris.com\/en\/knowledge-base\/payment-term\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Payment term (Knowledge base)\" \/>\n<meta property=\"og:description\" content=\"Find out what a payment term is and discover the importance of clear agreements to avoid disagreement or non-payment.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.factris.com\/en\/knowledge-base\/payment-term\/\" \/>\n<meta property=\"og:site_name\" content=\"Factris\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/factris\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-28T11:36:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.factris.com\/wp-content\/uploads\/2021\/03\/EN12.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"1200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@factris\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.factris.com\/en\/knowledge-base\/payment-term\/\",\"url\":\"https:\/\/www.factris.com\/en\/knowledge-base\/payment-term\/\",\"name\":\"What is payment term? | Knowledge base | Factris\",\"isPartOf\":{\"@id\":\"https:\/\/www.factris.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.factris.com\/en\/knowledge-base\/payment-term\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.factris.com\/en\/knowledge-base\/payment-term\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.factris.com\/wp-content\/uploads\/2021\/03\/EN12.png\",\"datePublished\":\"2024-05-28T11:33:32+00:00\",\"dateModified\":\"2024-05-28T11:36:52+00:00\",\"description\":\"Find out what a payment term is and discover the importance of clear agreements to avoid disagreement or non-payment.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.factris.com\/en\/knowledge-base\/payment-term\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.factris.com\/en\/knowledge-base\/payment-term\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.factris.com\/en\/knowledge-base\/payment-term\/#primaryimage\",\"url\":\"https:\/\/www.factris.com\/wp-content\/uploads\/2021\/03\/EN12.png\",\"contentUrl\":\"https:\/\/www.factris.com\/wp-content\/uploads\/2021\/03\/EN12.png\",\"width\":1200,\"height\":1200,\"caption\":\"your invoices our financing factris\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.factris.com\/en\/knowledge-base\/payment-term\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.factris.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Payment term (Knowledge base)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.factris.com\/en\/#website\",\"url\":\"https:\/\/www.factris.com\/en\/\",\"name\":\"Factris\",\"description\":\"Your invoices. 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