WebAug 12, 2014 · 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. WebJan 3, 2024 · The phrase “Net 10th Prox” means that payment for goods or services received is due on or before the 10th of the following month. This is a relatively common term of payment utilized by companies in the United States. “Prox” is short for proximo, from the Latin phrase “proximo mense,” which means the next month.
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WebJul 9, 2015 · 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 … WebMar 9, 2024 · If you see the term “Net 30/60/90” on your invoice (credit terms), this means the number of days an invoice is due from its invoice date. Net 30 means the invoice is due in 30 days. Net 60 terms mean the invoice is due in 60 days. Net 90 terms mean the invoice is due in 90 days. magazine imports
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WebFeb 15, 2024 · The phrase “Net 10th Prox” means that payment for goods or services received is due on or before the 10th of the following month. This is a relatively common term of payment utilized by companies in the United States. “Prox” is short for proximo, from the Latin phrase “proximo mense,” which means the next month. WebFeb 15, 2024 · The phrase “Net 10th Prox” means that payment for goods or services received is due on or before the 10th of the following month. This is a relatively common … WebAug 26, 2008 · What is payment terms of 2 percent 15th prox net 25? Usually 2 % 15th prox net 25 means, if you pay by the 15th of the following month you can take a 2% … cotta maglia