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What does Net 30 Prox mean?

Updated: 9/13/2023
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9y ago

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The phrase Net 30 prox is used in the accounting field. It means that a buyers payment is due 30 days from the day they receive the shipment.

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Q: What does Net 30 Prox mean?
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What is 2 15th prox net 30 terms?

The term 2 15th prox net 30 terms is an accounting term indicating when payment is due. The payment for this would be that half is due on the 15th of the month and the balance due in 30 days.


What is Net 30th prox?

Net 30th prox are payment terms such that all invoices for a given month are payable in one lump payment due 30 days after the end of the month of invoice


What is Net 13th 2third prox third 13th subsequent?

What is net 13th, 23rd prox 3rd 13th sub


What does Net 30th prox 10th 20th subsequent mean?

new 1st/10th/20th sub


What is net 15th prox?

Due the 15th of the next month after delivery.


What prox 45 payment terms?

This is really odd for me to see, usually when a company uses "prox" it's for dates, such as 1-30 (days of the month). From what I've seen however, Prox 45, may mean that the payment is due with-in 45 days of the invoice date. Prox standing for Proximo, which literally means, Of or in the following month {or} in or of the next month after the present; "scheduled for the 6th prox"


What does the payment term Net 30 mean?

net 30 MF


What is Net tenth prox?

Clarification -- prox is a shortned form of the latin proximo, meaning next (not approxmate as is commonly beliexed.) So, Net 10th Prox menas that payment in full is due ON the 10th of the next (proximo) month.


What are prox 30 payment terms?

dUE 30 DAYS FROM THE END OF THE MONTH


What are Payment terms Net 45 PROX?

45 days from the end of the current month.


What does the root word prox mean?

near


What are payment terms prox?

dUE 30 DAYS FROM THE END OF THE MONTH