Maksusumma

Maksusumma is a Finnish term used in finance and accounting to denote the amount that must be paid to satisfy a financial obligation. It represents the total sum a debtor is required to pay by a specified due date, as stated in an invoice, contract, or notification. The term is common in everyday commerce, billing, and administrative communications.

Etymologically, maksusumma combines maksaa, meaning "to pay," and summa, meaning "sum" or "amount." This reflects its role as the final amount due for a transaction or service.

Usage and context commonly include invoices, bills, payment notices, and contract clauses. The maksusumma is typically the total payable amount and is calculated as the base price plus any applicable taxes (such as value-added tax) and other charges, minus any discounts or credits. In Finnish invoicing practice, taxes are often shown separately on the document, with the total payable labeled as the maksusumma. The term can also appear in contexts like fines, penalties, or settlements where a specific payment amount is due.

Legal and accounting considerations: maksusumma denotes the amount due under an agreement or legal obligation. It is not a fixed juridical term in statute, but it is widely used in everyday Finnish financial language to indicate what a party must pay to fulfill a payment obligation.

See also: invoice, due amount, payment terms, VAT.