Payment is due on the 5th day of the 3rd month following the invoice date. For example, a March invoice would be due on June 5th.
What is net 13th, 23rd prox 3rd 13th sub
Payment due on the 5th day of the 4th month after the Invoice Date.
To put this simple.. usually (you can double check with the company) when an invoice is put in these terms it means that the amount owed is due by the 3rd of the following month, but the company is allowing until the 5th to receive payment. This is two extra days before they begin to charge late fees. 5th 3rd prox means you pay the invoice on the 5th day of the 3rd month following receipt of the invoice. The average is 83 days.
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 is net 13th, 23rd prox 3rd 13th sub
Payment is due on the 5th day of the 3rd month following the invoice date. For example, a March invoice would be due on June 5th.
Payment due on the 5th day of the 4th month after the Invoice Date.
To put this simple.. usually (you can double check with the company) when an invoice is put in these terms it means that the amount owed is due by the 3rd of the following month, but the company is allowing until the 5th to receive payment. This is two extra days before they begin to charge late fees. 5th 3rd prox means you pay the invoice on the 5th day of the 3rd month following receipt of the invoice. The average is 83 days.
prox dynamics as
Prox means 'in or about the next month'
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"
Alfred Prox has written: 'Die Schneckenbergkultur' -- subject(s): Antiquities, Bronze age
its a lollypop
near
prox is elves
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.