In Germany, the legal payment period for any kind of purchase is 30 days. Many companies offer discounts to speed up payment. After all, their own liquidity is at stake. Usually, discounts vary between 2 and 3%, if the price is paid within a shorter payment period. The promised price reduction encourages the customer to settle an invoice quickly. This provides advantages for both the issuer of an invoice, since he will get his money earlier, and for the recipient of the invoice, since he can save money.
About Tyron Montgomery
This author has yet to write their bio.Meanwhile lets just say that we are proud Tyron Montgomery contributed a whooping 8 entries.
Entries by Tyron Montgomery
Each production process is comprised of many and very different variables. Needless to say, the objective is to achieve the maximum use of man and machine with minimum budget strain.