Net D

Net D is a popular construction payment term in which the invoiced party has a set number of days to pay the entire amount. For example, under "net 30" payment terms, a customer has 30 days from the date of billing to pay the entire invoice amount, with no discounts. If a vendor offers a discount to encourage clients to pay sooner, such as a 2.5 percent discount if paid within 10 days, the discount may be stated as "2.5/10 net 30."

Related Terms

Check Out Our Recent Blogs!

QuickBooks Classes vs IES Dimensions: How to Turn One-Lane Reporting into Multi-Dimensional Insight

QuickBooks Classes give you one tracking dimension. IES Dimensions provide up to 20, with hierarchies, multi-tag reporting, better job costing, and multi-entity consolidation, offering contractors deeper insight and cleaner, more flexible financial reporting.

Read More

Intuit Enterprise Suite Fall 2025 Updates: Enhancements to Close Out Year

Breakdown of Intuit Enterprise Suite’s Fall 2025 release for contractors, including new AI agents, multi-entity consolidations, business intelligence, and bill pay/payroll updates—plus how RedHammer helps construction firms implement and optimize them.

Read More

Intuit Connect 2025: The Future of Mid-Market Accounting is Here

Intuit Connect 2025 unveiled game-changing innovations for mid-market accounting: Intuit Enterprise Suite with construction-specific features, Intuit Accountant Suite, and Intuit Intelligence. IES finally bridges the gap between QuickBooks usability and ERP power.

Read More

The Complete Guide to (IES) Intuit Enterprise Suite for Construction Companies

The definitive 2025 guide to Intuit Enterprise Suite (IES) for construction companies. Learn multi-entity management, AI automation, job costing, and whether IES is right for your growing construction business. Are you ready to migrate from QuickBooks Online or Desktop.

Read More