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"Net 90, 2nd business day prox" refers to a payment term where the buyer must pay the seller within 90 days after the invoice date, with the payment due on the second business day following the end of the billing period (typically the month). This means if an invoice is issued in January, the payment would be due on the second business day of March, allowing for a grace period. It's a way for businesses to manage cash flow while still ensuring timely payments.
What else can I help you with?
Profit of a business?
The profit of a business equals all income (of all types) less all epenses paid by the business gives you the net profit of the business. Most businesses produce a Profit & Loss Statement which will provide the net profit after income and expenses. http://taxresolutionaires.blogspot.com
What is Net profit for McDonalds?
Net profit refers to the total income of a business. McDonald's net profit is how much money the company has made after all expenses have been paid.
Are there different considerations for choosing an organizational form for doing business on the net than there are for doing business elsewhere?
no not if you doing yourself
What does the company Net Resources International provide?
The company Net Resources International provides services in creating and maintain business networks on an international scale. They also have digital magazines.
Is Net Suite a reputable web-based business software?
NetSuite is the only Software as a Service(SaaS) business software. It can support an entire company, from accounting to customer relationship management. It is a powerful business management software solution.
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 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 do the terms net 10th and 25th prox mean?
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.
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 10 prox mean?
"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.
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 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 does net prox 45 mean?
"Net prox 45" typically refers to a specific measurement or term in a financial or business context, often indicating a net profit margin of 45%. This means that after all expenses are deducted from revenue, 45% of the revenue remains as profit. The term may also be used in different industries with varying interpretations, so context is essential for a precise understanding.
What is net 15th prox?
Due the 15th of the next month after delivery.
What is cash terms net 35th prox?
"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.
