Checklist Number 7 - American Purchasing
www.american-purchasing.com › uploads › filesNet 10 Payment is due within ten days from the date of the invoice. Mostbusinesses avoid purchases using this term. Net 25th Prox. Invoices issued in a given month must be paid by the 25th of thefollowing month. Net 15th and 30th Prox. Invoices issued from the 1st through the 15th of a given monthmust be paid by the 15th of the following month.