-

C

9

-

A group of segments specifying the payment and penalty terms for the commercial account summary message.

-

M

1

-

 

Function:

 

To specify the terms of payment.

EDIFACT

Description

Payment terms type code qualifier

M

an..3

=

Basic

=

Fixed date

=

Extended

=

Penalty terms

=

Payment by instalment

=

Discount

C019

PAYMENT TERMS

C

Payment terms description identifier

C

an..17

Code list identification code

C

an..17

Code list responsible agency code

C

an..3

4276

Payment terms description

C

an..35

Time reference code

C

an..3

=

Date of present document

Terms time relation code

C

an..3

=

After reference

Period type code

C

an..3

=

Day

=

Month

=

Working days

=

Year

2152

Period count quantity

C

n..3

Number of periods for payment.

Segment Notes:

This segment is used by the issuer of the commercial account summary to specify payment terms applicable to the complete message.

Example:
The following example indicates basic payment terms with payment due 30 days after the reference date which is the date of the present commercial account summary.
PYT+1++7+3+D+30'