Glossary entry

Spanish term or phrase:

Contado F. Fact. 60 días hábiles antes 10 y 25 c/mes.

English translation:

Contado Fecha Facturación ....

Added to glossary by Neal Allen
Aug 18, 2021 20:42
2 yrs ago
19 viewers *
Spanish term

Contado F. Fact. 60 días hábiles antes 10 y 25 c/mes.

Spanish to English Bus/Financial Accounting Payment Conditions
These are obviously payment conditions, but I do not understand the abbreviation F. before Fact. (Factura). I know this is going to be something simple, but I am just drawing a blank on this one.
Proposed translations (English)
5 +2 Contado Fecha Facturación ....

Discussion

Sebastian Witte Aug 18, 2021:
60 working days as from the 10th or 25th day of the month after the date of invoice. This means that Days 1 to 9 of each month after the date of invoice are treated as Day 10 (A) and Days 10 to 24 after the date of invoice as Day 25 (B). Day 25 to the last day of the month after the date of invoice are treated as Day 10 (A) of the next month. Only A and B, respectively, are when the 60 working days start to run.

Proposed translations

+2
17 mins
Selected

Contado Fecha Facturación ....

The F. before Factura means "fecha - date", that is, the date on which the invoice was issued.

Hope this helps.
Peer comment(s):

agree philgoddard
5 mins
agree Helena Chavarria
27 mins
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4 KudoZ points awarded for this answer. Comment: "Thank you, Richard."
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