A社の請求書を受領した月の20日をもって締め切り

English translation: will be closed on the 20th of the every month for the invoices received by A

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Japanese term or phrase:A社の請求書を受領した月の20日をもって締め切り
English translation:will be closed on the 20th of the every month for the invoices received by A
Entered by: Yasutomo Kanazawa

15:25 Mar 21, 2009
Japanese to English translations [PRO]
Law/Patents - Law: Contract(s)
Japanese term or phrase: A社の請求書を受領した月の20日をもって締め切り
Background info: This is from a manufacturing outsourcing agreement. B is licensing A to manufacture its products as an outsourcer. A will manufacture the products and ship them to B, who will pay A.

A社は、本製品のうち第8条(受入検査)に定めるB社による受入検査に合格した本製品の納入完了後、速やかにB社に請求書を送付し、**B社は、A社の請求書を受領した月の20日をもって締め切り**、翌々月20日(当日が休日の場合翌銀行営業日)までに本製品の対価を消費税とともにA社の指定口座に送金して支払う。なお、当該送金に要する銀行手数料はB社の負担とする。

I'm confused because it first says A社の請求書を受領した月の20日をもって締め切り, which sounds like B is supposed to pay A by the 20th of the month it received A's invoice, but then after that it says 翌々月20日までに, so I am confused about what this first part is referring to (A社の請求書を受領した月の20日をもって締め切り). The 20th of the month B received A's invoice, is the deadline for what?

(The paragraph above is all the text pertaining to payment.)

Thanks.
conejo
United States
Local time: 07:51
will be closed on the 20th of the every month for the invoices received by A
Explanation:
The meaning of the sentence above is that, if B recieves the invoice submitted by A by the 20th at the latest of each month, the payment will be made in the next next 20th of the month. So, if A submits an invoice by March 20, the payment from B to A would be made on May 20; however, if the invoice from A is received on the 25th of March, the payment will be made on June 20. The above 20th date means the closing date for B, so in other words, if the invoice is received on the 10th of March, it will still be closed on March 20, and the payment being made on May 20. Therefore, 20th of every month is the closing date for processing the invoice two months later for B.

I hope I have made myself clear.
Selected response from:

Yasutomo Kanazawa
Japan
Local time: 21:51
Grading comment
Thanks!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2will be closed on the 20th of the every month for the invoices received by A
Yasutomo Kanazawa
3 +1The cutoff date for receiving A's invoice shall be the 20th of the month.
kasiamaja (X)
Summary of reference entries provided
AS FAR AS I KNOW
patent_pending

Discussion entries: 1





  

Answers


16 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
The cutoff date for receiving A's invoice shall be the 20th of the month.


Explanation:
I think this refers to the invoice-receiving deadline, whereas the payment shall be done within the next 60 days.

kasiamaja (X)
Local time: 08:51
Works in field
Native speaker of: Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
agree  humbird: Yes, invoices received before 20th of the month will be paid in next 60 days.
2 hrs
Login to enter a peer comment (or grade)

16 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
will be closed on the 20th of the every month for the invoices received by A


Explanation:
The meaning of the sentence above is that, if B recieves the invoice submitted by A by the 20th at the latest of each month, the payment will be made in the next next 20th of the month. So, if A submits an invoice by March 20, the payment from B to A would be made on May 20; however, if the invoice from A is received on the 25th of March, the payment will be made on June 20. The above 20th date means the closing date for B, so in other words, if the invoice is received on the 10th of March, it will still be closed on March 20, and the payment being made on May 20. Therefore, 20th of every month is the closing date for processing the invoice two months later for B.

I hope I have made myself clear.

Yasutomo Kanazawa
Japan
Local time: 21:51
Specializes in field
Native speaker of: Native in JapaneseJapanese
PRO pts in category: 4
Grading comment
Thanks!

Peer comments on this answer (and responses from the answerer)
agree  Fumigator: Yes, this is the tricky and very unfair way that Japanese large company do to its vendors to save on cash flow.
27 mins
  -> Thank you humblesage

agree  Shinobi: This is a common practice. And Yasutomo's answer is perfectly clear.
3 hrs
  -> Thank you Shinobi
Login to enter a peer comment (or grade)




Reference comments


8 hrs
Reference: AS FAR AS I KNOW

Reference information:
AS FAR AS I KNOW and in Japan, MOST small-to-medium sized companies pay within (or at the end of) the 2nd month (not 1st month) following the closing date month, while large corporations USUALLY pay within the 1st month following the closing date month.

We should avoid agents that are in the habit of paying in the 3rd or 4th month following the closing date month.


--------------------------------------------------
Note added at 10時間 (2009-03-22 01:46:31 GMT) Post-grading
--------------------------------------------------

I should have written as follows:

AS FAR AS I KNOW and in Japan, MOST financially UNSTABLE companies pay within (or at the end of) the 2nd month (not 1st month) or later following the closing date month, while financially STABLE corporations USUALLY pay within the 1st month following the closing date month.

patent_pending
Native speaker of: Native in TetumTetum
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search