PYM Payment Manner and Percentage

To specify manner in which bills are paid either to a specific vendor or overall to all vendors

Position: PYM-01 · Element: 263 · Name: Rating Code · Type: Identifier (ID) · Requirement: Conditional · Min: 2 · Max: 2 · Repeat: 1

Code identifying the status of the credit account rating

R0106: At least one of PYM-01 or PYM-06 is required

Position: PYM-02 · Element: 344 · Name: Unit of Time Period or Interval · Type: Identifier (ID) · Requirement: Conditional · Min: 2 · Max: 2 · Repeat: 1

Code indicating the time period or interval

P0203: If either PYM-02 or PYM-03 is present, then the other is required

Position: PYM-03 · Element: 616 · Name: Number of Periods · Type: Numeric (N0) · Requirement: Conditional · Min: 1 · Max: 3 · Repeat: 1

Total number of periods

C0301: If PYM-03 is present, then PYM-01 is required

PYM03 is the low end of the period if a range exists.

Position: PYM-04 · Element: 616 · Name: Number of Periods · Type: Numeric (N0) · Requirement: Optional · Min: 1 · Max: 3 · Repeat: 1

Total number of periods

C0403: If PYM-04 is present, then PYM-03 is required

PYM04 is the high end of the period if a range exists.

Position: PYM-05 · Element: 615 · Name: Time Period Qualifier · Type: Identifier (ID) · Requirement: Optional · Min: 1 · Max: 2 · Repeat: 1

Code defining periods

C0503: If PYM-05 is present, then PYM-03 is required

Position: PYM-06 · Element: 650 · Name: Rating Remarks Code · Type: Identifier (ID) · Requirement: Conditional · Min: 2 · Max: 2 · Repeat: 1

Code identifying the remarks related to a particular rating

Position: PYM-07 · Element: 954 · Name: Percent · Type: Decimal number (R) · Requirement: Optional · Min: 1 · Max: 10 · Repeat: 1

Percentage expressed as a decimal

PYM07 specifies the percentage of the payment manner referenced in PYM01 or PYM06 relative to the total payment.