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The payment term "net 5th of 3rd month" means that payment is due on the 5th day of the third month following the invoice date. For example, if the invoice is dated in January, the payment would be due on March 5th. This term gives the buyer additional time to settle the invoice compared to standard net payment terms, which typically require payment within a month.
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What does Net 13th 23rd prox 3rd 13th subsequent mean?
"Net 13th 23rd prox 3rd 13th subsequent" refers to a payment term often used in business transactions. It indicates that payment is due 13 days after the 23rd day of the month, with the term "prox" suggesting that the due date is based on the next month’s cycle. The subsequent part typically signifies that this payment schedule will continue in the following months. Essentially, it's a structured way to define when payments should be made after certain dates.
What does it mean if they purchase 250.00 worth of supplies on the third day of the month and the terms are net 30?
the payment is good 30 days that happens to fall on the 3rd day of the month
What does it mean for a customer if they purchase 250 worth of supplies on the 3rd day of the month and the terms are net 30 days?
If a customer purchases $250 worth of supplies on the 3rd day of the month with net 30 days terms, it means they have 30 days from the invoice date to pay the full amount without incurring any late fees or interest. Therefore, the payment is due by the end of the month on the 2nd of the following month. This gives the customer a short-term cash flow advantage, allowing them to manage their finances effectively until the due date.
What are fifth third prox payment terms?
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.
Can you schedule your payments to credit card companies just slightly ahead of the date each month that they report to credit reporting agencies?
If you mean... Your payments are due May 5th and you pay May 5th payment on June 3rd... Then yes, they cannot report Mays payment as being 30 days late. I have been doing it every month for over a year trying to get caught up
What is the definition of the payment term msn-2-3?
I believe it means the payment is made on the 2nd of the 3rd month following the date of invoice.
What does Net 13th 23rd prox 3rd 13th subsequent mean?
"Net 13th 23rd prox 3rd 13th subsequent" refers to a payment term often used in business transactions. It indicates that payment is due 13 days after the 23rd day of the month, with the term "prox" suggesting that the due date is based on the next month’s cycle. The subsequent part typically signifies that this payment schedule will continue in the following months. Essentially, it's a structured way to define when payments should be made after certain dates.
What does it mean if they purchase 250.00 worth of supplies on the third day of the month and the terms are net 30?
the payment is good 30 days that happens to fall on the 3rd day of the month
What is 3rd 23rd sub 3rd follow payment terms?
The term "3rd 23rd sub 3rd follow payment terms" likely refers to a specific payment schedule or condition in a contractual agreement. It may indicate that payments are to be made on the 3rd and 23rd of each month, with specific conditions or sub-clauses detailing how these payments should be followed or executed. However, without additional context or clarity, the exact meaning can be ambiguous. It's advisable to refer to the specific contract for precise definitions.
What does it mean for a customer if they purchase 250 worth of supplies on the 3rd day of the month and the terms are net 30 days?
If a customer purchases $250 worth of supplies on the 3rd day of the month with net 30 days terms, it means they have 30 days from the invoice date to pay the full amount without incurring any late fees or interest. Therefore, the payment is due by the end of the month on the 2nd of the following month. This gives the customer a short-term cash flow advantage, allowing them to manage their finances effectively until the due date.
What are fifth third prox payment terms?
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.
Can you schedule your payments to credit card companies just slightly ahead of the date each month that they report to credit reporting agencies?
If you mean... Your payments are due May 5th and you pay May 5th payment on June 3rd... Then yes, they cannot report Mays payment as being 30 days late. I have been doing it every month for over a year trying to get caught up
What payment terms are N13 23p 3rd 13sub?
The payment terms "N13 23p 3rd 13sub" typically refer to a specific agreement for payment conditions. "N13" usually indicates the net amount due in 13 days, while "23p" suggests a 2% discount if paid within 3 days. "3rd" may imply that the payment is due on the 3rd of the month, and "13sub" could refer to a sub-account or specific terms applicable to a particular contract or customer. Always check the specific context for accurate interpretation.
What does it mean for a customer if they purchase 250.00 worth of supplies on the 3rd day of the month and the terms are Net 30 Days?
What does it mean for a customer if they purchase $250.00 worth of supplies on the 3rd day of the month and the terms are Net 30 Days?
What does it mean for a customer if they purchase 250.00 worth of supplies on the 3rd day of the month and terms are net 30 days?
What does it mean for a customer if they purchase $250.00 worth of supplies on the 3rd day of the month and the terms are Net 30 Days?
What is fifth third prox payment terms?
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.
What does 032513 mean?
It could mean a lot of thing but, my bet in this instance it means March (the 3rd Month) 25th, 2013.
