Merchandise was delivered to the purchaser or consumer can be done with the following conditions:
a. FOB Shipping Point (Franco warehouse vendor), this means that the burden of freight from the warehouse to warehouse sale until the purchase the buyer’s responsibility.
b. FOB Destination Point (Franco warehouse buyer), this means that the burden of transportation of goods from the warehouse until the warehouse purchaser shall be the responsibility of the vendor.
While the terms of payment of goods can be done in the following way:
a. Cash or cash, meaning that payments are made when the transaction occurred.
b. n/30, meaning that payment is made no later than 30 days after the transaction occurred.
c. n / EOM (End of Month), meaning that payment is made no later than the end of the month.
d. n/10 EOM, meaning that payment is made no later than 10 days after the end of the month.
e. 2/10, n/30 means any payment made within 10 days or less after the date of the transaction, there is a 2% credit period of 30 days.