> Can anyone temm me what the meaning of the Terms Type code value '09 - > Proximo' found in the ITD-01 element?
Proximo translates literally into "next" i.e., terms "net 10th prox" means due the tenth of the next month following the invoice date. 1% 10th and 25th prox net 30 means take a discount if you pay by the first tenth or twenty-fifth of the month following invoice date. But with multiple prox dates like this it is generally construed to mean "invoices dated 26-10, discount if paid by the next twenty-fifth; invoices dated 11-25 discount if paid by next tenth. Michael Mattias Tal Systems, Inc. Racine WI [EMAIL PROTECTED] ------------------------ Yahoo! Groups Sponsor --------------------~--> Most low income households are not online. Help bridge the digital divide today! http://us.click.yahoo.com/cd_AJB/QnQLAA/TtwFAA/OIFolB/TM --------------------------------------------------------------------~-> . Please use the following Message Identifiers as your subject prefix: <SALES>, <JOBS>, <LIST>, <TECH>, <MISC>, <EVENT>, <OFF-TOPIC> Access the list online at: http://groups.yahoo.com/group/EDI-L Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/EDI-L/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
