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"Cash terms net 35th prox" typically refers to a payment term in business transactions, indicating that the payment is due 35 days after the end of the month in which the invoice is issued. The term "prox" suggests that the due date is based on the date of the invoice, allowing for a standard timeframe for processing payments. This arrangement helps both the buyer and seller manage cash flow and accounting cycles effectively.

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Related Questions

What are Payment terms Net 45 PROX?

45 days from the end of the current month.


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 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 13th 2third prox third 13th subsequent?

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


What is 25 net 2nd prox payment terms?

"25 net 2nd prox" payment terms indicate that the buyer is required to pay the invoice amount within 25 days, but the payment is based on the second month following the invoice date. "Net" means the full invoice amount is due, with no discounts. Essentially, if an invoice is issued in January, the payment would be due by the end of February.


What does Net 30 Prox mean?

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.


What is net 15th prox?

Due the 15th of the next month after delivery.


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 is 2nd 30th net prox?

"2nd 30th net prox" typically refers to a specific type of mortgage loan or financial arrangement. In this context, "2nd" indicates a second mortgage, while "30th" usually refers to a 30-year term. "Net prox" might relate to the net proceeds or net value associated with the loan. However, the term is not widely recognized, and its meaning could vary based on specific financial contexts.


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 13th 23rd prox 3rd 13th subsequent?

"Net 13th 23rd prox 3rd 13th subsequent" typically refers to payment terms, indicating a net payment due on the 13th or 23rd of the month following the transaction, with a 3rd and 13th subsequent payment schedule. Essentially, it means that payments should be made within a specified timeframe after the invoice date, allowing for a grace period for processing. It's important to clarify the exact meaning with the concerned parties, as such terms can vary in interpretation.


What is terminal cash flow?

in terms of capital budgeting:It includes the net cash generated from the sale of the assets, tax effects from the termination of the asset and the release of net working capital