Net 60 Calculator
Enter your invoice date and get the Net 60 due date plus a full reminder schedule for follow-up emails. Everything runs in your browser — no data is stored or sent to any server.
How It Works
The Net 60 Calculator takes your invoice date and instantly computes the payment due date 60 calendar days later. It also generates a structured follow-up reminder schedule including a 21-day reminder, a 14-day reminder, a 7-day reminder, a 3-day reminder, a due-date reminder, and an overdue follow-up for invoices that go past due.
Net 60 is a longer payment term that gives the buyer 60 calendar days from the invoice date to pay the full amount. This term applies to calendar days, not business days, so weekends and holidays are included. Net 60 is common in enterprise contracts, government procurement, large-scale manufacturing, and industries with complex accounts payable processes that require extended processing time.
Formula
Due Date = Invoice Date + 60 calendar days
21-Day Reminder = Invoice Date + 39 days
14-Day Reminder = Invoice Date + 46 days
7-Day Reminder = Invoice Date + 53 days
3-Day Reminder = Invoice Date + 57 days
Due Date Reminder = Invoice Date + 60 days
Overdue Follow-Up = Invoice Date + 67 days
When to Accept Net 60 Payment Terms
Net 60 terms are typically imposed by large corporations and government entities that have lengthy internal approval workflows. As a vendor, accepting Net 60 means you need the financial reserves to cover two months of operating expenses before receiving payment. Before agreeing to Net 60, evaluate whether the contract value justifies the extended payment window and whether your business can sustain the cash flow gap.
For freelancers and small businesses, Net 60 can be challenging. If a client insists on Net 60 terms, consider negotiating for milestone payments, a deposit, or a higher total project fee to compensate for the longer wait. Alternatively, some businesses use invoice factoring to receive immediate cash against outstanding Net 60 invoices.
Strategies for Managing Net 60 Receivables
- Require deposits or milestone payments. Break the project into phases with partial payments along the way to reduce the final Net 60 balance.
- Offer early payment discounts. Terms like 2/10 Net 60 (a 2% discount for payment within 10 days) can incentivize faster payment from clients who have the budget flexibility.
- Maintain a cash reserve. Have at least 60-90 days of operating expenses in reserve when working with Net 60 clients.
- Use multiple reminder touchpoints. With 60-day terms, you have more opportunities to send structured reminders that keep payment on the client's radar.
- Consider invoice factoring. For large invoices, factoring companies will advance you 80-90% of the invoice value immediately, collecting the full amount from your client later.
Examples
Example 1: Invoice dated January 1
If you issue an invoice on January 1 with Net 60 terms, the due date is March 2 (or March 1 in a leap year). Your 21-day reminder goes out on February 9, the 14-day reminder on February 16, the 7-day reminder on February 23, the 3-day reminder on February 27, and the overdue follow-up on March 9 if payment has not been received.
Example 2: Invoice dated April 15
An invoice dated April 15 is due on June 14. Send the first reminder on May 24 (21 days before), followed by reminders on May 31, June 7, and June 11. The overdue follow-up would go out on June 21 if needed.
Example 3: Invoice dated August 1
An invoice issued on August 1 has a Net 60 due date of September 30. The 21-day reminder falls on September 9, the 14-day reminder on September 16, the 7-day reminder on September 23, the 3-day reminder on September 27, and the overdue notice would go out on October 7.