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Q: What do the terms 1 percent 10th prox mean?
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What does Net 30th prox 10th 20th subsequent mean?

new 1st/10th/20th sub

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.

Net tenth prox 1.5 percent sc 25?

This is a type of Payment Terms that applies to an account between an Vendor and Customer. This is how it is defined: Any Invoice dated from the 1st of a given month to the 25th, will be due by the 10th of the following month. If an Invoice is not paid on time, that is by the 10th, a 1.5% service charge will apply.

What prox 45 payment terms?

This is really odd for me to see, usually when a company uses "prox" it's for dates, such as 1-30 (days of the month). From what I've seen however, Prox 45, may mean that the payment is due with-in 45 days of the invoice date. Prox standing for Proximo, which literally means, Of or in the following month {or} in or of the next month after the present; "scheduled for the 6th prox"

What does prox 25 mean in pay terms?

prox is short for Proximo, meaning in or of the following month. Generally speaking prox 25 usually means payment is due on the 25th day of the following month. For example, you receive your bill/invoice dated October 15, the payment is due before or on November 25.

What are payment terms prox?


What are prox 30 payment terms?


What are Payment terms Net 45 PROX?

45 days from the end of the current month.

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 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

2 percent 10th prox-net 30 days?

We use this, which in our invoicing means our TERMS are in the invoice is paid within ten (10) days you can deduct 2% from the total but we expect the total within thirty (30) day. Some customers used the confusion excuse to take the 2% when they paid in thirty days. We also, then said interested of (X) would be added after 60 days.

What is 5th prox 4th payment terms?

Payment due on the 5th day of the 4th month after the Invoice Date.