Net 15 payment terms: what they mean
By Diljit Ramachandran, founder of The Invoice Generator. Published Oct 26, 2026.
Net 15 means the full invoice is due 15 days after the invoice date. An invoice dated 1 March is due on 16 March. It is a short term that gives clients less time to pay than Net 30, so you are usually paid sooner. It suits small jobs and regular clients.
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What does Net 15 mean?
Payment is due in full 15 days after the invoice date. Compared with Net 30, you wait half as long. Shorter terms help your cash flow.
What does it mean on an invoice?
- Write Net 15 in the payment terms box.
- Add the exact due date, so nobody counts.
- Say how to pay and what happens if it is late.
When is Net 15 a good choice?
It suits small jobs, repeat clients who pay quickly and freelancers who need steady cash. Larger organizations may have a fixed cycle and ask for longer. If a client wants longer, Net 30 is the usual next step, and Net 60 is longer still. Put whichever you agree in the quote.
What are the due dates for short terms?
For an invoice dated 1 March:
| Terms | Due date |
|---|---|
| Net 7 | 8 March |
| Net 15 | 16 March |
| Net 30 | 31 March |
Questions
- What does Net 15 mean on an invoice?
- Pay within 15 days of the date on the invoice.
- Can I charge a late fee on Net 15?
- Only if it was agreed before the work, and where local rules allow. See late payment fees.
Keep every document in one place
- A free account saves a copy of each invoice, remembers your clients and items, and shows what is paid and overdue.
- Pro numbers your invoices for you, emails payment reminders, and repeats the ones you send every month.
Drafted with AI assistance from public sources and our own tool, and published by Diljit Ramachandran. It has not been checked by an accountant. It is general information, not tax or legal advice. Rules differ by place; check with an accountant or your local tax office.