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.
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.
End of accumulation period of net 30 means you will be paid in 30 days. Many businesses use net 30 for 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"
Payment is due in 30 days with no discount
Upon Receipt, Net10, Net15, Net 30
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
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.
dUE 30 DAYS FROM THE END OF THE MONTH
dUE 30 DAYS FROM THE END OF THE MONTH
End of accumulation period of net 30 means you will be paid in 30 days. Many businesses use net 30 for 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"
The 30 days in net terms are consecutive calendar days. Net 30 terms always include weekdays, holidays and the weekends.
Payment is due in 30 days with no discount
Upon Receipt, Net10, Net15, Net 30
net 30 MF
What does it mean for a customer if they purchase $250.00 worth of supplies on the 3rd day of the month and the terms are Net 30 Days?
What does it mean for a customer if they purchase $250.00 worth of supplies on the 3rd day of the month and the terms are Net 30 Days?