Due Date

What is a due date?

The due date is the specific date when payment for an invoice is expected. It's calculated from the invoice date based on your payment terms. If your invoice is dated January 1st with Net 30 terms, the due date is January 31st.

Clear due dates set expectations and give you grounds to follow up or apply late fees when payments don't arrive on time.

Setting due dates

Due dates are determined by your payment terms:

• Due on Receipt — Payment expected immediately
• Net 7 — Due 7 days from invoice date
• Net 15 — Due 15 days from invoice date
• Net 30 — Due 30 days from invoice date (most common)
• Custom date — A specific date you set regardless of standard terms

Why due dates matter

Due dates affect your cash flow. Shorter payment terms get money in your pocket faster but may not suit all clients. Longer terms are more flexible for clients but delay your income. Choose terms that balance your cash flow needs with what's reasonable for your industry and client relationships.