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What does the 15-day/30-day billing period mentioned in the supermarket when settling payments to suppliers mean?

If there is a commercial discount issue such as 2/30

If you pay within 30 days, you can enjoy a 2% discount, and if you pay after 30 days, you need to pay the full amount.

If there is no commercial discount issue involved, which is the issue of corporate credit, it will remind you that your company needs to pay when the payment is due. Failure to pay the future payment will affect later supply and other issues.

It depends on the contract with the supplier.

If the payment reminder to the bank, tax bureau, or China Netcom Company is due, problems such as late payment fees will arise if the payment is not made by the due date.