336 Terms Type Code
Code identifying type of payment terms.
- Type
- Identifier (ID)
- Length
- Min 2 / Max 2
- Codes
| Code | Description |
|---|
| 01 | Basic |
| 02 | End of Month (EOM) |
| 03 | Fixed Date |
| 04 | Deferred or Installment |
| 05 | Discount Not Applicable |
| 06 | Mixed |
| 07 | Extended |
| 08 | Basic Discount Offered |
| 09 | Proximo |
| 10 | Instant |
| 11 | Elective |
| 12 | 10 Days After End of Month (10 EOM) |
| 13 | Seller to advise buyer |
| 14 | Previously agreed upon |
| 15 | Special Proximo |
| 16 | Prompt Payment Act |
| 17 | Terms not Applicable |
| 18 | Fixed Date, Late Payment Penalty Applies Sales terms specifying a past due date, and a late payment percentage penalty applies to unpaid balances past this due date |
| ZZ | Mutually Defined |