ITD Terms of Sale/Deferred Terms of Sale

To specify terms of sale

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

Code identifying type of payment terms

If the code in ITD01 is "04", then ITD07 or ITD09 is required and either ITD10 or ITD11 is required; if the code in ITD01 is "05", then ITD06 or ITD07 is required.

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

Code identifying the beginning of the terms period

Position: ITD-03 · 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

L03040513: If ITD-03 is present, then at least one of ITD-04, ITD-05 or ITD-13 is required

Position: ITD-04 · Element: 370 · Name: Terms Discount Due Date · Type: Date (DT) · Requirement: Conditional · Min: 6 · Max: 6 · Repeat: -

Date payment is due if discount is to be earned

Position: ITD-05 · Element: 351 · Name: Terms Discount Days Due · Type: Numeric (N0) · Requirement: Conditional · Min: 1 · Max: 3 · Repeat: -

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

Position: ITD-06 · Element: 446 · Name: Terms Net Due Date · Type: Date (DT) · Requirement: Optional · Min: 6 · Max: 6 · Repeat: -

Date when total invoice amount becomes due

Position: ITD-07 · Element: 386 · Name: Terms Net Days · Type: Numeric (N0) · Requirement: Optional · Min: 1 · Max: 3 · Repeat: -

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

Position: ITD-08 · Element: 362 · Name: Terms Discount Amount · Type: N2 · Requirement: Optional · Min: 1 · Max: 10 · Repeat: -

Total amount of terms discount

L08040513: If ITD-08 is present, then at least one of ITD-04, ITD-05 or ITD-13 is required

Position: ITD-09 · Element: 388 · Name: Terms Deferred Due Date · Type: Date (DT) · Requirement: Optional · Min: 6 · Max: 6 · Repeat: -

Date deferred payment or percent of invoice payable is due

L091011: If ITD-09 is present, then at least one of ITD-10 or ITD-11 is required

Position: ITD-10 · Element: 389 · Name: Deferred Amount Due · Type: N2 · Requirement: Conditional · Min: 1 · Max: 10 · Repeat: -

Deferred amount due for payment

Position: ITD-11 · Element: 342 · Name: Percent of Invoice Payable · Type: Decimal number (R) · Requirement: Conditional · Min: 1 · Max: 5 · Repeat: -

Amount of invoice payable expressed in percent

Position: ITD-12 · Element: 352 · Name: Description · Type: String (AN) · Requirement: Optional · Min: 1 · Max: 80 · Repeat: -

A free-form description to clarify the related data elements and their content

Position: ITD-13 · Element: 765 · Name: Day of Month · Type: Numeric (N0) · Requirement: Conditional · Min: 1 · Max: 2 · Repeat: -

The numeric value of the day of the month between 1 and the maximum day of the month being referenced

Position: ITD-14 · Element: 107 · Name: Payment Method Code · Type: Identifier (ID) · Requirement: Optional · Min: 1 · Max: 1 · Repeat: -

Code identifying type of payment procedures

Position: ITD-15 · Element: 954 · Name: Percent · Type: Decimal number (R) · Requirement: Optional · Min: 1 · Max: 10 · Repeat: -

Percentage expressed as a decimal

ITD15 is the percentage applied to a base amount used to determine a late payment charge.