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

new 1st/10th/20th sub


What does net 25th 2nd prox mean?

"Net 25th 2nd prox" typically refers to payment terms in a financial or business context. It means that payment is due on the 25th day of the second month following the date of the invoice. For example, if an invoice is dated in January, the payment would be due on March 25th. The term "net" indicates that the total amount is due without any deductions.


What does prox 25 mean in pay terms?

prox is short for Proximo, meaning in or of the following month. Generally speaking prox 25 usually means payment is due on the 25th day of the following month. For example, you receive your bill/invoice dated October 15, the payment is due before or on November 25.


What is 25th inst tenth prox?

its a lollypop


Net tenth prox 1.5 percent sc 25?

This is a type of Payment Terms that applies to an account between an Vendor and Customer. This is how it is defined: Any Invoice dated from the 1st of a given month to the 25th, will be due by the 10th of the following month. If an Invoice is not paid on time, that is by the 10th, a 1.5% service charge will apply.


What is 2 percent 10th Prox 25th Cutoff?

The "2 percent 10th Prox 25th Cutoff" typically refers to a specific academic or evaluation metric used in educational institutions, particularly in India. It indicates that students must achieve at least 2 percent above the cutoff score calculated based on the 10th percentile of the marks distribution for a given examination or assessment. This metric helps in determining eligibility for further studies or rankings among students. The exact implications can vary by institution and context.


What is 1 percent 10th prox payment terms?

1 percent 10th prox payment terms refer to a payment discount structure commonly used in business transactions. It means that a buyer can take a 1% discount off the invoice total if payment is made by the 10th of the month following the invoice date. If the payment is not made by that date, the full invoice amount is due. This incentivizes timely payments while allowing a brief period for settling accounts.


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 are payment terms prox?

dUE 30 DAYS FROM THE END OF THE 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.