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Old 08-16-2009, 02:19 PM   #1
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Default NET 15

If I made a sale on the first of August and I get paid by Net 15 what day will I get paid? Is it August 30th?
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Old 08-16-2009, 02:36 PM   #2
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Default Re: NET 15

Yep, you are right.

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Old 08-16-2009, 06:02 PM   #3
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Default Re: NET 15

Quote:
Originally Posted by rhondaklewis View Post
If I made a sale on the first of August and I get paid by Net 15 what day will I get paid? Is it August 30th?
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It will be Sept 15

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Old 08-16-2009, 07:21 PM   #4
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Default Re: NET 15

Say it aint so.
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Old 08-16-2009, 07:52 PM   #5
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Default Re: NET 15

September 15th!

Net 15 means a month and then 15 days!
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Old 08-17-2009, 08:47 AM   #6
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Default Re: NET 15

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Originally Posted by Jenni Mac View Post
September 15th!

Net 15 means a month and then 15 days!
No - it means 15 days after the month ends. They tally your August sales and pay you 15 days after the month closes.

So August will close on August 31 and the payout will be made on September 15. If you are setup for ACH to your bank account, your payment will be deposited to your account on September 15. If you are getting a check in the mail, add additional days to that.

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Old 08-17-2009, 09:34 AM   #7
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Default Re: NET 15

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No - it means 15 days after the month ends. They tally your August sales and pay you 15 days after the month closes.

So August will close on August 31 and the payout will be made on September 15. If you are setup for ACH to your bank account, your payment will be deposited to your account on September 15. If you are getting a check in the mail, add additional days to that.

Regards,

John
Errm, I think I was lazy in the way I chose to explain it, but I'm kinna shure I ment wot u wrot!

Last edited by Jenni Mac; 08-17-2009 at 09:34 AM. Reason: typo
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