Segment
X12 EDI Release 00504
To specify payment terms provided by a vendor to an entity over a historical period
Elements
Code identifying type of payment terms
Codes (77)- 10Instant
- 11Elective
- 1210 Days After End of Month (10 EOM)
- 13Seller to advise buyer
- 14Previously agreed upon
- 15Special Proximo
- 16Prompt Payment Act
- 17Terms not Applicable
- 18Fixed Date, Late Payment Penalty Applies
- 19Liquidation
- 20Progress Payment
- 21Fast Pay
- 22Cash Discount Terms Apply
- 23Payment Due Upon Receipt of Invoice
- 24Anticipation
- 25Cash Account
- 26Cash on Advance
- 27Cash on Arrival
- 28Cash per Vendor Request
- 29Cash by State Law
- 30Cash with Order
- 31Cash on Delivery (COD)
- 32Lease Agreement
- 33Net Month Following Invoice (MFI)
- 34Sell by Note
- 35Supplier Floor Plan
- 36Contract Basis
- 37Credit Controlled
- 38Dating Given
- 39Trade Acceptance
- 40Bill to Bill
- 41Letter of Credit
- 42Lump Sum
- 43Fixed Fee
- 44Cost Plus
- 45Bank Transfer
- 46Basic Commission Terms
- 47Bill of Exchange
- 48Cash Against Documents
- 49Certified Check
- 50Discount with Advance Payment
- 52Discount with Prompt Pay
- 54Installment Payments are Due Annually
- 55Installment Payments are Due Semi-annually
- 56Installment Payments are Due Monthly
- 57Installment Payments are Due Quarterly
- 58Irrevocable Letters of Credit
- 61Payment Order Through Bank
- 63Promissory Notes
- 64Secured Account
- 65Letters of Credit at Sight
- 67Deposit Required
- 68Documents against Acceptance
- 70Documents against Payment
- 71Inter-company Account
- 72Unknown
- 73Partial Advance
- 74Payment Upon Completion
- 75United States Funds Required
- 76Usance Bill
- 77Progressive Discount
- 01Basic
- 02End of Month (EOM)
- 03Fixed Date
- 04Deferred or Installment
- 05Discount Not Applicable
- 06Mixed
- 07Extended
- 08Basic Discount Offered
- 09Proximo
- CACancellation Option
- COConsignment
- CTCommercial Item Finance
- NCNo Charge
- PPPrepayment
- RORedemption Options
- ZZMutually Defined
Code identifying type of payment terms
Codes (77)- 10Instant
- 11Elective
- 1210 Days After End of Month (10 EOM)
- 13Seller to advise buyer
- 14Previously agreed upon
- 15Special Proximo
- 16Prompt Payment Act
- 17Terms not Applicable
- 18Fixed Date, Late Payment Penalty Applies
- 19Liquidation
- 20Progress Payment
- 21Fast Pay
- 22Cash Discount Terms Apply
- 23Payment Due Upon Receipt of Invoice
- 24Anticipation
- 25Cash Account
- 26Cash on Advance
- 27Cash on Arrival
- 28Cash per Vendor Request
- 29Cash by State Law
- 30Cash with Order
- 31Cash on Delivery (COD)
- 32Lease Agreement
- 33Net Month Following Invoice (MFI)
- 34Sell by Note
- 35Supplier Floor Plan
- 36Contract Basis
- 37Credit Controlled
- 38Dating Given
- 39Trade Acceptance
- 40Bill to Bill
- 41Letter of Credit
- 42Lump Sum
- 43Fixed Fee
- 44Cost Plus
- 45Bank Transfer
- 46Basic Commission Terms
- 47Bill of Exchange
- 48Cash Against Documents
- 49Certified Check
- 50Discount with Advance Payment
- 52Discount with Prompt Pay
- 54Installment Payments are Due Annually
- 55Installment Payments are Due Semi-annually
- 56Installment Payments are Due Monthly
- 57Installment Payments are Due Quarterly
- 58Irrevocable Letters of Credit
- 61Payment Order Through Bank
- 63Promissory Notes
- 64Secured Account
- 65Letters of Credit at Sight
- 67Deposit Required
- 68Documents against Acceptance
- 70Documents against Payment
- 71Inter-company Account
- 72Unknown
- 73Partial Advance
- 74Payment Upon Completion
- 75United States Funds Required
- 76Usance Bill
- 77Progressive Discount
- 01Basic
- 02End of Month (EOM)
- 03Fixed Date
- 04Deferred or Installment
- 05Discount Not Applicable
- 06Mixed
- 07Extended
- 08Basic Discount Offered
- 09Proximo
- CACancellation Option
- COConsignment
- CTCommercial Item Finance
- NCNo Charge
- PPPrepayment
- RORedemption Options
- ZZMutually Defined