One of my Clients from Jewelry Field and I worked on the artwork of her reprinted invoice yesterday. In her business, invoice was very important and was a part of temporary contract. Therefore, checking through all the information of payment terms, legal terms, bank account and format were her responsibility.
From my curiosity, I have found a few interesting terms:
30/45/60 Days- Client could pay the balance in 30/45/60 Days
T.T.- Telegraphic Transfer
C.O.D.- Collecting the charges upon delivery.
C.O.T.- Cash On Table
C.U.T.- Cash Under Table
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