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.
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.
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.
new 1st/10th/20th sub
"Net 10 prox" typically refers to a payment term in business transactions, meaning that the full payment is due within 10 days of the invoice date. The term "prox" indicates that the payment is due based on the date of the invoice rather than the date of delivery or service completion. This arrangement is often used to encourage prompt payment from clients or customers.