Question: What is EOM dating?

Dictionary of Business Terms for: EOM Dating. EOM Dating. arrangement whereby all purchases made through the 25th of one month are payable within 30 days of the end of the following month. For example, purchases through the 25th of April would be payable by the end of June. EOM stands for end of month.

What is end of the month dating?

End of Month Dating means payment terms beginning at the first of the following month rather than from the receipt of merchandise, if the merchandise is received on or after the 24th of the month.

What is N EOM?

n/eom is the payment term defined under the conditions of sale is Net End of Month, meaning that the firm expects payment at the end of the month relative to the invoice date.

What is EOM in sales?

End of month terms. The abbreviation EOM means that the payer must issue payment within a certain number of days following the end of the month. Thus, terms of net 10 EOM mean that payment must be made in full within 10 days following the end of the month.

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