To specify pricing information
Code indicating class of trade.
If CTP02 is present, then CTP03 is required.
Code identifying pricing specification.
If CTP04 is present, then CTP05 is required.
Price per unit of product, service, commodity, etc.
Example of use of CTP03 and CTP04.
PRICE QUANTITY RANGE
1.00 0 to 999
0.75 1000 to 4999
0.50 5000 to 9999
0.25 10000 and above
CTP03 CTP04
1.00 0
0.75 1000
0.50 5000
0.25 10000
If CTP06 is present, then CTP07 is required.
Numeric value of quantity.
Example of use of CTP03, CTP04 and CTP07.
CTP03 CTP04 CTP07
1.00 0 0.90
0.75 1000 0.90
0.50 5000 0.90
0.25 10000 0.90
Code identifying the basic unit of measurement.
Code indicating the type of price multiplier.
Value, identified by price multiplier qualifier, to be used to multiply price to obtain a new value.
CTP07 is a multiplier factor to arrive at a final discounted price. A multiplier of 90 would be the factor if a 10% discount is given.