Net 60 Days Calculator

Calculate Net 60 Days Date

Formula

The formula for calculating the net 60 days date is:

\[ D_{net60} = D_{invoice} + 60 \]

Where:

What is Net 60 Days?

Net 60 days is a payment term used in business transactions that indicates the payment is due 60 days after the invoice date. This term is often used in contracts and invoices to specify the period within which the buyer must pay the seller for goods or services received. It provides a clear timeline for payment, helping both parties manage their cash flow and financial planning effectively.

Example Calculation

Let's assume the following value:

Using the formula to calculate the net 60 days date:

\[ D_{net60} = 2024-08-07 + 60 \text{ days} = 2024-10-06 \]

The net 60 days date is 2024-10-06.