Due the 15th of the next month after delivery.
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, 23rd prox 3rd 13th sub
The term "15th prox plus 30 days" refers to a payment or deadline that is due on the 15th of the next month (prox) plus an additional 30 days. This means that if today is, for example, October 1st, the due date would be November 15th, and adding 30 days would extend the deadline to December 15th. Therefore, the final due date would be December 15th.
Usually 2 % 15th prox net 25 means, if you pay by the 15th of the following month you can take a 2% discount, net 25 means the full amount is due by around the 25th of the month.Many companys offer this small discount to customers to encourage to pay early. 2% may not seem like much, but if you are a company, buying from another company and spending thousands of dollars, 2% can add up to be a HUGE savings.Prox stands for Proximo meaning Of or in the following month
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.
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, 23rd prox 3rd 13th sub
The term "15th prox plus 30 days" refers to a payment or deadline that is due on the 15th of the next month (prox) plus an additional 30 days. This means that if today is, for example, October 1st, the due date would be November 15th, and adding 30 days would extend the deadline to December 15th. Therefore, the final due date would be December 15th.
Usually 2 % 15th prox net 25 means, if you pay by the 15th of the following month you can take a 2% discount, net 25 means the full amount is due by around the 25th of the month.Many companys offer this small discount to customers to encourage to pay early. 2% may not seem like much, but if you are a company, buying from another company and spending thousands of dollars, 2% can add up to be a HUGE savings.Prox stands for Proximo meaning Of or in the following month
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.
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
Any invoices dated during a given month with these terms must be paid by the 15th of the following month. For example; invoices dated August 6, 19, 23, and 31, Prox 15 are all due by the 15th of September.
"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.
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.
45 days from the end of the current month.
The terms "net 10th" and "25th prox" refer to payment terms commonly used in business transactions. "Net 10th" means that payment is due by the 10th day of the month following the invoice date. "25th prox" indicates that payment is due on the 25th of the month following the invoice date, regardless of when the invoice was issued. These terms help establish clear timelines for payment.
15-15 Prox 1.2 payment terms means that any product shipped/received from the 15th of one month to the 15th of the next month will be paid on the 2nd month of the 2nd day. For an example, anything shipped between July 15 ~ Aug 15 will be paid on October 2. It would be similar to Net 45 ~ 75 days. Items shipped on Aug. 15 would get paid in 45 days and items shippped on July 15 will be paid in 75 days. It behooves you to ship as much as close to the 14th as possible.