Due date and payment terms on an invoice

By Tomas Lambermont, founder of Faktuno

How long does your client have to pay? That is what the due date on your invoice says. A clear due date prevents arguments and makes a payment reminder easier later.

What is the difference?

The payment term is the number of days your client gets, for example 30 days.
The due date is the date on which that ends: invoice date plus payment term.

Which term do you choose?

Agree a term with your client, in your quote or your general terms, and put it on the invoice too.
A term of 30 days is common. What is still allowed in a given situation is set by the late payment law. Ask your accountant what applies to you.
Nothing agreed? Between businesses in Belgium a payment term of 30 days applies in principle, counted from receipt of the invoice.
Stricter rules apply to private persons, see how to send a payment reminder.

What goes on the invoice?

The due date and your bank account number (IBAN) belong on it. With a structured payment reference your client can pay easily and you recognise the payment straight away.

How it works in Faktuno

Under My company you choose your default Payment term (days). It is set to 30 by default.
On every invoice Faktuno works out the due date itself. As long as the invoice has not been sent, you can change it.
You can add your general terms as a PDF, so they go along automatically with your invoices and quotes.
Is the due date past and nothing paid? You send a payment reminder with one click. With the Pro plan this can also happen automatically.

Ready in a few minutes

Look around with example data first. No card needed to start.

Start free

More help

This page explains the general rule. It is not tax advice for your specific situation.