What does the term second day second month mean?

Answer 1

Accounts Payable Analysts Supplier accounts are assigned based on Allison Transmission vendor code. If you do not know your vendor code, please contact your buyer. If unable to do so, assume that your vendor code begins with the alpha character of your company's name. For example, if your company name is "Ajax Corrugated Boxing, Inc.", assume your vendor code begins with the letter "A".

The following are Accounts Payable Analysts and their Assignments, please use these common numbers to contact them:

Phone: (888) 288-5122 and follow prompts

Fax: (317) 242-4273 All Correspondence Mailing Address: Allison Transmission, Inc., M/C L27, P.O. Box 7120, Indianapolis, IN, 46206-7120 Name Account AssignmentsMichele Hanner

E-Mail: michele.hanner@allisontransmission.com

Supervisor Carol Hommell

E-Mail: carol.hommell@allisontransmission.com

10% Holdback Elizabeth Bishop

E-Mail: elizabeth.bishop@allisontransmission.com

Letters A-K Morris Tilson

E-Mail: morris.tilson@allisontransmission.com

Letters L-S

Beverly Williams

E-Mail: beverly.e.williams@allisontransmission.com

Letter T

Cathy Piccione

E-Mail: cathy.piccione@allisontransmission.com

Letters U-Z

Payment terms:

This payment terms are called MNS2. Payment is made on the 2nd business day of the 2nd month following the receipt of your goods or services. For example, you shipped widgets on July 29th. The compnay received them on August 1st. Your payment will be made on the 2nd month (October) and the 2nd business day (October 2nd). Example 2: You ship goods on July 15th. Allison receives the goods on July 17th. You will be paid on the 2nd month (September) and the 2nd business day (September 2).