Glossary
Net payment terms
Net terms say how many days after your invoice date the brand pays: net 15 is fifteen days, net 30 is thirty, net 60 is sixty. The clock starts on the invoice date, not on the day the post went live.
What it means for your money
The wait is a real cost. Work finished today and paid in sixty days is two months of your money working for the brand. The terms are chosen in the agreement, before the work, and a shorter term agreed in writing beats a hopeful we pay fast in a message.
How the pricing model treats it
The pricing model does not price payment terms; a faster term is not a discount line, and a slower one is not a surcharge. BravoDM tracks the invoice due date on the deal instead, and drafts the follow-up when a brand runs late.
In practice
- ·Invoice the day you deliver, and state the due date as a date, not only as a term.
- ·Count the term from the invoice date in the agreement, so approval delays cannot move your payday.
- ·If a term is longer than you can carry, say so before the work starts, not after the invoice.
An example
A deal posted and invoiced in the first week of a month, at net 30, pays in the first week of the next one. Every link in that chain, the posting date, the invoice date, and the term, was set before the first frame was filmed.
Free tool
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The calculator runs the same model on your numbers, line by line. No account, no handle, nothing stored.
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Guide
When a brand does not pay
Read the guide →
Related terms