0
DA is a term used in import/export business internationally. DA stands for "Documents against Acceptance" and "number of Days" specified with DA means the number of days credit against that particular set of shipment documents(invoice, Shipping bill etc) i.e. DA 60 days means that importer/ purchaser will make payment within or at the latest by 60th day from the date of his acceptance of the Documents.
Add your answer:
Earn +20 pts
By law how many days does your payment have to be late for a reposession to occur?
The number of days a payment must be late before repossession can occur varies by state and contract. Typically, it ranges from 30 to 60 days past due. It is important to review the specific terms of your contract and familiarize yourself with the laws in your state regarding repossession.
How many days in jail do you do if you are sentenced 60 days?
If you are sentenced to 60 days in jail, you will serve all 60 days unless there are any factors that could lead to an early release such as good behavior or overcrowding of the jail.
When do 60 days in jail begin?
The start of a 60-day jail sentence typically begins on the day the individual is officially booked into the jail facility. This marks the official start of the sentence, and the individual will serve the full 60 days unless there are mitigating circumstances that lead to an early release or sentence reduction.
How long does a person have in small claims court to pay the judgment for the plaintiff?
The time given to pay a judgment in small claims court varies by jurisdiction, but it typically ranges from 30 to 60 days. It's important to adhere to the court's timeline to avoid further legal consequences. If you need more time to pay, you may be able to negotiate a payment plan with the plaintiff or seek assistance from the court.
How long must a pawn shop hold an item under Kentucky Law?
In Kentucky, a pawn shop must hold an item for at least 30 days before selling it. This holding period provides the original owner with a window of time to redeem their item.
What is meant by payment term OA 60 days?
OA = open account
What is meant by payment term CAD 60 days?
It means 60 from the date the customer receives the goods. CAD = Cash Against Documents
WHAT IS AMS 60 DAYS?
What are ams 60 day payment terms
What does payment terms of 30 days DOI 60 days net mean?
In my area they mean payment is due 30 or 60 days from invoice date, respectively. -- days net or -- days DOI meaning the same thing.
How late must a payment be before they can turn it in to collection?
60 days
When do you get payment if the payment term is net 60?
Net in 60 strictly means that the balance is due 60 days from the invoice date. If the invoice date is January 15th, then the balance (net) is due on (or before) March 15th. 60 days after the invoice date. Other terms used are 2n20 net 60 which merely means the payer of the invoice can take a 2 percent discount if the amount due is paid off on or before the tenth day after the invoice date.
How long after no payment has been made will a bill go to the collection agency?
Credit card? About 60 to 90 days. Most other companies give you 60 days.
If payment terms are payment in 60 days is that legally when payment is sent or when it is received?
When payment is received. But, most lenders offer a grace period for receipt of payments, partially for this reason. Your best bet is to give no less than three days mail time for a payment to be received.
What is term for the average time it takes your customer to pay you?
NET 30, 60, or 90 are typical payment expectations for customers. Net 30 = 100% of the balance paid in 30 days, Net 60 is 50% paid by 30 days and the remaining 50% by day 60, and so on. The ability to collect from a customer declines substantially after 90 days. Some say that you'll lost 60% of your recievables after day 90.
How many days after your car payment is due can your car be repossessed?
Legally, ONE.Actual practice?? 3-60
What are payment terms of AWB BL?
Payment terms include advance payment of goods and/or partial payment. In addition, a letter of credit can be submitted to the exporter of the good specifying a date which full payment will be received. This can be within 30, 60 or 90 days.
What does net 60 eom mean?
It is a payment term, and usually means that the total amount will be paid 60 days after the end of the month in which the invoice is dated. For example, January dated invoices will be paid on April 1, and February invoices will be paid about April 29. As you can see, it is to the buyer's advantage to have this term, as it can have an effective range of 60 to 90 days to pay for the purchase.
