TechNextPicks Editorial Canada Edition | Issue: Feb 2026
Net terms Canada Invoices Small business

Net 30 Meaning (Canada): Net 7, Net 15, Net 30 Explained

Last updated: February 17, 2026

Clear payment terms = faster payments.

Net terms meaning in Canada

Educational only. Not legal advice.

Turn Net Terms Into a Practical Workflow

Simple definitions

Net X typically means payment is due X days after the invoice date.

Due on receipt

Payment is expected immediately (0 days).

Net 7

Payment due 7 days after invoice date.

Net 14

Payment due 14 days after invoice date.

Net 15

Payment due 15 days after invoice date.

Net 30

Payment due 30 days after invoice date.

Examples

Invoice date Terms Due date
Feb 1, 2026 Net 30 Mar 3, 2026 (Mar 3, 2026)
Feb 1, 2026 Net 7 Feb 8, 2026
Feb 1, 2026 Due on receipt Feb 1, 2026

Apply These Terms to Real Documents

Create an invoice with clear net terms

Set issue date, due date, and payment method in one place.

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Use a quote template to confirm terms up front

Put payment expectations in writing before work starts.

Open page ->

How to choose terms

  • Small projects often work better with shorter terms (for example Net 7 or Net 14).
  • Larger projects may need deposits plus clear net terms.
  • Some B2B clients may request Net 30 due to internal approval workflows.
  • Put terms in both the quote and the invoice for consistency.

Add terms early in your quote process so expectations are clear before invoicing.

If you mention late fees, do so only if your written terms already include them.

Due Date Calculator

Select an invoice date and net terms to calculate the due date and quick reminder timeline.

Calculator inputs

Due on receipt means payment is due immediately (0 days).

Calculated due date

March 20, 2026

Net 30

Recommended reminder schedule

  • Pre-due reminder - Mar 17, 2026

    Friendly heads-up with invoice number, amount, and due date.

  • Due date reminder - Mar 20, 2026

    Short due-today message with a clear payment method.

  • Overdue follow-up 1 - Mar 23, 2026

    Polite follow-up and request payment status update.

  • Overdue follow-up 2 - Mar 27, 2026

    Firmer but respectful follow-up with invoice facts.

  • Overdue follow-up 3 - Apr 3, 2026

    Escalate professionally and consider direct AP contact.

Open full follow-up schedule guide

What to do after due date

Keep follow-up professional and consistent. Use clear invoice facts, avoid emotional language, and keep all communication documented.

Payment Reminder Email Templates

Use friendly-to-firm follow-up templates with invoice details.

Open templates

How to Get Paid Faster Canada

Use a structured reminder schedule and workflow.

Open follow-up guide

Related tools

Invoice Template Canada

Create clear invoices with due dates and payment instructions.

Open invoice template

Quote Template Canada

Set payment terms early in your quote.

Open quote template

What to Do Once an Invoice Is Due

FAQ

Is Net 30 common?

Yes. Net 30 is common in many B2B workflows, especially where internal approvals are involved.

Does Net 30 include weekends?

Net terms are typically counted as calendar days from the invoice date unless you and the client agree otherwise in writing.

Should I use due date or net terms?

Use both when possible. Net terms explain the rule, and a specific due date removes ambiguity.

What if a client asks for Net 60?

Assess your cash flow impact first. You can negotiate deposits, milestone billing, or shorter terms where needed.

Should I offer discounts for early payment?

Some businesses do. If you offer one, make it clear and consistent on both quote and invoice.

How do I write terms on an invoice?

Use plain language such as “Terms: Net 15. Due date: March 16, 2026.” Add payment instructions in the same section.

When should I send reminders?

A common pattern is pre-due, due-day, and overdue follow-ups on a consistent schedule.

Should quotes show terms too?

Yes. Showing terms on quotes helps set expectations before work starts and reduces payment delays later.

Related Cash-Flow Guides

Receipt Template Canada

Issue payment receipts quickly after collection.

Open page ->

Small Business Bookkeeping Guide

Keep invoices, receipts, and follow-up records organized.

Open page ->

Invoice Template Canada

Create invoices with clear dates and payment instructions.

Open page ->

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