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15:25 Mar 21, 2009 |
Japanese to English translations [PRO] Law/Patents - Law: Contract(s) | |||||||
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| Selected response from: Yasutomo Kanazawa Japan Local time: 21:51 | ||||||
Grading comment
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Summary of answers provided | ||||
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3 +2 | will be closed on the 20th of the every month for the invoices received by A |
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3 +1 | The cutoff date for receiving A's invoice shall be the 20th of the month. |
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Summary of reference entries provided | |||
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AS FAR AS I KNOW |
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Discussion entries: 1 | |
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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. |
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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. |
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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. |
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