G23 Terms of Sale

To specify the terms of sale

Position: G23-01 · Element: 336 · Name: Terms Type Code · Type: Identifier (ID) · Requirement: Mandatory · Min: 2 · Max: 2 · Repeat: -

Code identifying type of payment terms.

If G2301 = ``04'' - (Deferred or Installment) then either G2313 or G2314 is required and the data in the segment pertains only to the portion of the invoice described in G2313 or G2314. If G2301 = ``11'' - (Elective) then G2304 is required. If G2301 is not equal to ``05'' - (Discount not Applicable) then (G2305 or G2310) and (G2306 or G2307) is required. If G2301 = ``99'' - (Other) then G2315 is required. Multiple use of this segment when G2301 = ``04'' - (Deferred or Installment) always implies an ``AND'' relationship. When G2301 = ``06'' - (Mixed) or ``11'' - (Elective) always implies an ``OR'' relationship.

Position: G23-02 · Element: 333 · Name: Terms Basis Date Code · Type: Identifier (ID) · Requirement: Mandatory · Min: 1 · Max: 2 · Repeat: -

Code identifying the beginning of the terms period.

Position: G23-03 · Element: 282 · Name: Terms Start Date · Type: Date (DT) · Requirement: Optional · Min: 6 · Max: 6 · Repeat: -

Date from which payment terms are calculated.

Position: G23-04 · Element: 283 · Name: Terms Due Date Qualifier · Type: Identifier (ID) · Requirement: Optional · Min: 2 · Max: 2 · Repeat: -

Code identifying the method to be used for payment in conjunction with due date.

Position: G23-05 · Element: 338 · Name: Terms Discount Percent · Type: Decimal number (R) · Requirement: Optional · Min: 1 · Max: 6 · Repeat: -

Terms discount percentage, expressed as a percent, available to the purchaser if an invoice is paid on or before the Terms Discount Due Date.

Position: G23-06 · Element: 370 · Name: Terms Discount Due Date · Type: Date (DT) · Requirement: Optional · Min: 6 · Max: 6 · Repeat: -

Date payment is due if discount is to be earned.

Position: G23-07 · Element: 351 · Name: Terms Discount Days Due · Type: Numeric (N0) · Requirement: Optional · Min: 1 · Max: 3 · Repeat: -

Number of days in the terms discount period by which payment is due if terms discount is earned.

Position: G23-08 · Element: 446 · Name: Terms Net Due Date · Type: Date (DT) · Requirement: Conditional · Min: 6 · Max: 6 · Repeat: -

Date when total invoice amount becomes due.

R0809: At least one of G23-08 or G23-09 is required

Position: G23-09 · Element: 386 · Name: Terms Net Days · Type: Numeric (N0) · Requirement: Conditional · Min: 1 · Max: 3 · Repeat: -

Number of days until total invoice amount is due (discount not applicable).

Position: G23-10 · Element: 362 · Name: Terms Discount Amount · Type: N2 · Requirement: Optional · Min: 1 · Max: 10 · Repeat: -

Total amount of terms discount.

G2310 is a memo figure requiring specific payment performance and therefore should not be negative.

Position: G23-11 · Element: 391 · Name: Discounted Amount Due · Type: N2 · Requirement: Optional · Min: 1 · Max: 10 · Repeat: -

Amount of invoice due if paid by terms discount due date (total invoice or installment amount less cash discount.)

Position: G23-12 · Element: 390 · Name: Amount Subject to Terms Discount · Type: N2 · Requirement: Optional · Min: 1 · Max: 10 · Repeat: -

Amount upon which the terms discount amount is calculated.

Position: G23-13 · Element: 343 · Name: Installment Total Invoice Amount Due · Type: N2 · Requirement: Optional · Min: 1 · Max: 10 · Repeat: -

Deferred or installment portion of the total invoice (including charges, less allowances) before terms discount (if discount is applicable).

Position: G23-14 · Element: 342 · Name: Percent of Invoice Payable · Type: Decimal number (R) · Requirement: Optional · Min: 1 · Max: 5 · Repeat: -

Amount of invoice payable expressed in percent.

Position: G23-15 · Element: 3 · Name: Free Form Message · Type: String (AN) · Requirement: Optional · Min: 1 · Max: 60 · Repeat: -

Free-form text.

Position: G23-16 · Element: 713 · Name: Installment Group Indicator · Type: Numeric (N0) · Requirement: Optional · Min: 2 · Max: 2 · Repeat: -

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.