PYT Payment terms

To specify the terms of payment.

Position: 010 · Element: 4279 · Name: Payment terms type code qualifier · Type: String (AN) · Requirement: Mandatory · Min: 1 · Max: 3 · Repeat: 1

Identification of the type of payment terms.

020 C019 Payment terms Composite (composite) Conditional 1

Position: 010 · Element: 4277 · Name: Payment terms description identifier · Type: String (AN) · Requirement: Conditional · Min: 1 · Max: 17 · Repeat: -

Identification of the terms of payment between the parties to a transaction (generic term).

Use UN/ECE Recommendation No. 17 Payterms. If not applicable, use appropriate code set in combination with 1131/3055, or values underneath.

Position: 020 · Element: 1131 · Name: Code list identification code · Type: String (AN) · Requirement: Conditional · Min: 1 · Max: 3 · Repeat: -

Identification of a code list.

Position: 030 · Element: 3055 · Name: Code list responsible agency code · Type: String (AN) · Requirement: Conditional · Min: 1 · Max: 3 · Repeat: -

Code specifying the agency responsible for a code list.

Position: 040 · Element: 4276 · Name: Payment terms description · Type: String (AN) · Requirement: Conditional · Min: 1 · Max: 35 · Repeat: -

Free form description of the conditions of payment between the parties to a transaction.

Position: 030 · Element: 2475 · Name: Time reference code · Type: String (AN) · Requirement: Conditional · Min: 1 · Max: 3 · Repeat: 1

Code referencing a point in time.

Position: 040 · Element: 2009 · Name: Terms time relation code · Type: String (AN) · Requirement: Conditional · Min: 1 · Max: 3 · Repeat: 1

Code relating terms to a chronological event.

Position: 050 · Element: 2151 · Name: Period type code · Type: String (AN) · Requirement: Conditional · Min: 1 · Max: 3 · Repeat: 1

Code specifying the type of period.

Position: 060 · Element: 2152 · Name: Period count quantity · Type: Numeric (N) · Requirement: Conditional · Min: 1 · Max: 3 · Repeat: 1

The number of periods.