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Certificate of Achievement ?This certificate is presented to [Name] in recognition of their exceptional performance and outstanding achievements in [Field/Industry] on [Date]. Your hard work, dedication, and perseverance have been instrumental in your success, and we are honored to recognize your accomplishments.?

Advance Payment Certificate Based on the contract terms for purchase between the exporting and importing parties, importers in the destination countries can transfer the money through authorized banks to the account of exporter in the class 'A' commercial bank.

Consultant is paid one lump sum after you accept the final completed work; used for fixed price contracts. Consultant submits invoices on scheduled dates, such as when a certain percentage of the work is complete or a milestone is reached.

Net 10, Net 30, or Net 60 (found on the invoice) simply indicates that the contractor's payment is due 10, 30, or 60 days from the date of the invoice, respectively. Risks: This is the most common payment term for independent contractors, and there are few risks associated with it.

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Fixed Price, or Lump Sum Perhaps the simplest and most commonly used payment mechanism is the fixed-price, or lump-sum, contract.

The most common type of construction payment is a net payment, meaning the invoice is due a set amount of days from the issue date. For longer projects, it's typical to pay an upfront deposit and then to pay the contractor monthly until the job is finished.

A payment terms clause in your Terms and Conditions agreement is where you disclose details such as how your business will process transactions electronically, what forms of payment you accept and what happens if the buyer cancels a transaction.