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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.
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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% discount, net 25 means the full amount is due by around the 25th of the month.Many companys offer this small discount to customers to encourage to pay early. 2% may not seem like much, but if you are a company, buying from another company and spending thousands of dollars, 2% can add up to be a HUGE savings.Prox stands for Proximo meaning Of or in the following month
What is net 25 prox payment terms?
It means that all invoices from a given month are due by the 25th of the following month. For example, invoices dated 1/01/08 thru 1/31/08 are due 2/25/08.
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 is a realistic percentage for payroll costs in business?
i pay about 45% to my employees... and that's in a non-profit setting. So if your out to make money, you should pay anywhere from 25-35%.
What does Terms - Net mean on an invoice?
I understand that "Net 30" means "due in 30 days" (Net15 & Net60 mean due in 15 or 60 days, respectively, etc), but sometimes invoices simply say "NET" with no number. In my accounting classes (25 years or so ago) I was taught that "NET" means "NET 30", so I have always assumed this to be the case. Recently a vendor demanded payment for an invoice with "NET" terms that was less about 2 weeks old. He contended that "NET" means "due immediately" Who's right?
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% discount, net 25 means the full amount is due by around the 25th of the month.Many companys offer this small discount to customers to encourage to pay early. 2% may not seem like much, but if you are a company, buying from another company and spending thousands of dollars, 2% can add up to be a HUGE savings.Prox stands for Proximo meaning Of or in the following month
What is net 25 prox payment terms?
It means that all invoices from a given month are due by the 25th of the following month. For example, invoices dated 1/01/08 thru 1/31/08 are due 2/25/08.
What is 25100 reduced to its lowest terms?
If you mean 25/100 then it is 1/4
What is the lowest term of 0.12?
If you mean 0.12 as a fraction in its lowest terms then it is 3/25
What is a series trade discount?
terms are 3/15.1/25, n/60 what does this mean?
What does make general repairs on your property pay 25 dollars for houses and 100dollars for hotels mean?
that means you have to pay for it
What the mean median and mode of 15 27 10 25 9 22 25?
Mean is the sum(addition) of all the terms , divided by the number of terms. Median is the absolute middle term, when placed in rank order. Mode is the most frequently occurring term. 15 27 10 25 9 22 25 First place these terms in rank order. Ther are seven(7) terms. 9,10,15,22,25,25,27. MEAN => (9+10+15+22+25+25+27) / 7 = 133/7 = 19 Median = 22 ( The absolute middle term. Mode = 25 (The most frequent ; because it occurs twice, whereas the rest are only once).
Change 13 25 to an improper fraction?
If you mean 13.25 then it is 53/4 in its lowest terms
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 does LSD mean in geographical terms?
D-Lysergic Acid Diethalamide 25 is the chemical name for LSD.
What is 14 over 25 in lowest terms?
14/25 is already in its lowest terms
What is 25 over 108 in lowest terms?
25/108 is already in its lowest terms
