PYT Payment terms
To specify the terms of payment.
Position
Element
Name
Type
Requirement
Min
Max
Repeat
Code qualifying the type of payment terms.
Identification of the terms of payment between the parties to a transaction (generic term).
1 Recommend use UN/ECE Recommendation No. 17 Payterms.
Code identifying a user or association maintained code list.
1 The codes for this data element are provided by the code list responsible agency defined in data element 3055.
Code specifying the agency responsible for a code list.
Free form description of the conditions of payment between the parties to a transaction.
Code referencing a point in time.
Code relating terms to a reference date, time or period.
Code specifying the type of period.
Count of the number of periods.