G23 Terms of Sale

To specify the terms of sale

Position
Element
Name
Type
Requirement
Min
Max
Repeat
G23-01
Terms Type Code
Identifier (ID)
Mandatory
2
2
-
Code identifying type of payment terms.
G23-02
Terms Basis Date Code
Identifier (ID)
Mandatory
1
2
-
Code identifying the beginning of the terms period.
G23-03
Terms Start Date
Date (DT)
Mandatory
6
6
-
Date from which payment terms are calculated.
G23-04
Terms Due Date Qualifier
Identifier (ID)
Conditional
2
2
-
Code identifying the method to be used for payment in conjunction with due date.
G23-05
Terms Discount Percent
Decimal number (R)
Conditional
1
6
-
Terms discount percentage, expressed as a percent, available to the purchaser if an invoice is paid on or before the Terms Discount Due Date.
G23-06
Terms Discount Due Date
Date (DT)
Conditional
6
6
-
Date payment is due if discount is to be earned.
G23-07
Terms Discount Days Due
Numeric (N0)
Conditional
1
3
-
Number of days in the terms discount period by which payment is due if terms discount is earned.
G23-08
Terms Net Due Date
Date (DT)
Conditional
6
6
-
Date when total invoice amount becomes due.
G23-09
Terms Net Days
Numeric (N0)
Conditional
1
3
-
Number of days until total invoice amount is due (discount not applicable).
G23-10
Terms Discount Amount
N2
Conditional
1
10
-
Total amount of terms discount.
G23-11
Discounted Amount Due
N2
Optional
1
10
-
Amount of invoice due if paid by terms discount due date (total invoice or installment amount less cash discount.)
G23-12
Amount Subject to Terms Discount
N2
Optional
1
10
-
Amount upon which the terms discount amount is calculated.
G23-13
Installment Total Invoice Amount Due
N2
Conditional
1
10
-
Deferred or installment portion of the total invoice (including charges, less allowances) before terms discount (if discount is applicable).
G23-14
Percent of Invoice Payable
Decimal number (R)
Conditional
1
5
-
Amount of invoice payable expressed in percent.
G23-15
Free Form Message
String (AN)
Optional
1
60
-
Free-form text.
G2315, Description, is required if the terms type code used for G2301 is "Other". If G2301 = "04" then either G2313 or G2314 is required. If G2301 = "11" then G2304 is required. If G2301 is not = "05" then (G2305 or G2310) and (G2306 or G2307) is required. Multiple use of this segment when G2301 = "04" always implies an "AND" relationship. "06" or "11" always implies an "OR" relationship.
G23-16
Installment Group Indicator
Numeric (N0)
Optional
1
2
-
The installment group indicator is a 2-digit serial number beginning with 01 (i.e., 01, 02, 03 or 04). It is used to group ``elective'' terms types in an installment payment situation. The same indicator must be used for all segments in the same installment.
When "Elective" terms are offered in a "deferred or installment" situation, G2316 (Installment Group Indicator - DE713) must be used to properly group the terms within each installment.

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